Compound Finance proposals elicit ‘governance attack’ allegations
Community risk assessors warned against the perceived centralization effort days before the proposal’s passage.
Compound Finance, a decentralized lending and borrowing protocol, appears to be going through a tumultuous community disagreement over governance, according to community forums and a slew of recent proposals.
The passage of proposal 289, on July 28, appears to be the catalyst for a series of allegations on social media that a governance attack has occurred as perpetuated by a voting bloc called the “Golden Boys.”
Over on the Compound governance message boards, insiders specifically warned such an event would occur just days before as discussions over the proposals played out.
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Author: Tristan Greene
