Krypto-Geschichte

Beanstalk governance takeover

Beanstalk lost funds in 2022 after flash-borrowed voting power enabled a malicious governance proposal.

Reference note · Sources below

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Personen & Projekte

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Beanstalk lost funds in 2022 after flash-borrowed voting power enabled a malicious governance proposal.

Transparent votes did not protect the treasury when voting and execution occurred inside 1 transaction.

Review quorum, delay and emergency powers together.

Krypto-Geschichte

The application incident and the community's response became separate parts of Ethereum history.

MASTR-Recherche

Public voting records can be transparent while voting power remains concentrated.

DeFi und Governance

Proposal rights, quorum, delegation and execution determine who can direct the assets.

DeFi und Governance

The announcement and the executable payload can describe different things.