Hey, community, if we want the DAO to resist the capture, we’ll need to coordinate to pass proposal 290, which will transfer the timelock admin to the Compound community multi-sig (I assume it’s a trusted one).
This gives us space to work around 2 solutions we (blockful) think might be effective.
- Deploying a new governor who will not count the vote of the goldCOMP delegatee, effectively removing governance power from the token moved from proposal 289.
- Creating a new token that will be airdropped/redeemed by all token holders, except the ones who voted “For” and involved in proposal. This one requires much more thinking in all aspects of it.
More details here. Also, it would be great to hear more alternatives and ideas.
Some consider it an attack, others not. The fact is that if this proposal doesn’t pass, Humpy will be capturing the DAO by having an 11% token supply used to capture the DAO. I wouldn’t be surprised if more wallets are out there and were not used to pass Proposal 289.
We have 7 hours before the snapshot is taken.