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Article at [0] says "someone had made a proposal that, if passed, would let them mint tokens unilaterally... This proposal appeared to go unnoticed and passed o
by blacksqr 5y ago
Article at [0] says "someone had made a proposal that, if passed, would let them mint tokens unilaterally... This proposal appeared to go unnoticed and passed on February 10."
Wha??? Anyone have details of how the governance of this DAO was structured? Was it possible for someone with a minority of coins to pass a proposal? Did "someone" simply amass a majority of coins by stealth?
[0] https://www.theblockcrypto.com/post/134180/build-finance-dao-suffers-hostile-governance-takeover-loses-470000 https://www.theblockcrypto.com/post/134180/build-finance-dao...