Loading...
Market
What will be the outcome of the governance debate in Compound Finance by end of 2024?
2
Resolution / Starting Odds
New governance rules implemented • 25%
Existing governance rules upheld • 25%
Compromise solution reached • 25%
No significant changes • 25%
Official announcements from Compound Finance or major DeFi news outlets
Story
Humpy Leads $25M Exit from Compound Finance Treasury, Sparking Governance Debate and Comparisons to Egorov
Jul 29, 2024, 02:17 AM
Humpy, a prominent figure in the DeFi space, has been identified as the key player behind the recent $25 million exit from the Compound Finance treasury. This event, referred to by some as a 'governance attack,' highlights the complexities and potential vulnerabilities of decentralized governance. Humpy, who has a history of involvement in various DeFi protocols such as Sushi and Balancer, acquired the supply through legitimate means. The incident has sparked debate regarding the effectiveness of current governance rules and whether Humpy's actions are ultimately beneficial or detrimental to Compound Finance. Humpy's actions have also drawn comparisons to Michael Egorov and underscore the influence of DAO voting in the DeFi landscape.
View original story
Similar markets
Token Locking Period • 25%
Minimum Voting Quorum • 25%
Delegated Voting • 25%
Other • 25%
Yes • 50%
No • 50%
Security Enhancements • 25%
Token Redistribution • 25%
Governance Structure Change • 25%
Other • 25%
Yes • 50%
No • 50%
Veto Committee • 25%
Dual/Multi-token Voting System • 25%
Check-and-Balance Mechanisms • 25%
Other • 25%
Compound Finance • 25%
ByBit • 25%
Other DeFi Protocols • 25%
No Significant Impact • 25%
Passes • 25%
Fails • 25%
Withdrawn • 25%
No Decision • 25%
No action taken • 25%
Proposal 289 overturned • 25%
Governance changes implemented • 25%
Other • 25%
Proposal 289 revoked • 25%
New governance measures implemented • 25%
No significant changes • 25%
Other outcomes • 25%