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DAOs are forcing crypto protocols to choose between code and emergency brakes

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
  1. #01
    Initial2026-09-05 17:00 · publication time

    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

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