MonitoringCryptoSecurity incidentFirst tracked 2026-09-05Last changed 2026-09-05
Current outcome
Compound's Proposal 289 nearly transferred $24 million in COMP due to a late voting surge, exposing how DAO governance rules can be exploited and prompting debates on emergency brakes versus code immutability.
Progress timeline
1 material updates- #01
DAOs are forcing crypto protocols to choose between code and emergency brakes
Compound's Proposal 289 nearly transferred $24 million in COMP due to a late voting surge, exposing how DAO governance rules can be exploited and prompting debates on emergency brakes versus code immutability.
Source evidence: CryptoSlate