Dossier
CMC community
Coverage of CMC community in the Nexus archive.
- Does anyone think seriously about DeFi governance attacks? The most-viewed CMC community post today walked through the mechanics and it stuck with me.
The article discusses DeFi governance attacks, where large investors accumulate tokens and gain control over governance decisions, and explores potential fixes such as time-weighted voting and soulbound governance tokens. Governance power concentrates with early accumulators, including large investors and teams. Flash loan governance attacks have occurred in real protocols.