Compound Price Spikes 6% Amid Concerns of a Dysfunctional DAO


Compound Price Spikes 6% Amid Concerns of a Dysfunctional DAO

  coingape.com 30 July 2024 10:30, UTC

Compound price jumped by 6.4% despite a $25 million attack on its DAO governance. The dysfunctional Compound DAO was riddled with inactive members, which led to a sinister whale proposing and passing a $499,000 COMP grant for his team, the Golden Boys.

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