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Kyle DH | pryvit.eth
@PryvitKyle
Expert at nothing but curious about everything. Security and Privacy for @brave
参加 May 2022
692 フォロー中    872 ファン
So is this called a hostile takeover or more akin to private equities' slash and burn model but with a dash of crypto?
Craziest thing I've seen in a while: • Someone buys $4M worth of BONK • Then posts a DAO proposal asking to transfer $20M in BONK to themselves • Waits 7 days without anyone noticing • Then votes "yes" with their own BONK holdings, and the proposal passes • $20M is transferred to them And now the Bonk team has suddenly realized they lost $20M. This wasn't even a hack. The proposal passed because no $BONK holders checked the governance forum. Insane to see the current state of DAOs.
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