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Mark Zuckerberg Could Teach DAOs Like Compound a Governance Lesson

A $24M "governance attack" led by a whale known as Humpy shows the flaws of a "one token, one vote" system, says security audit firm OpenZeppelin.

By Sam Reynolds|Edited by Marc Hochstein

Updated Nov 20, 2024, 4:31 p.m. Published Nov 20, 2024, 7:33 a.m.

WASHINGTON, DC - JANUARY 31: Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. The committee heard testimony from the heads of the largest tech firms on the dangers of child sexual exploitation on social media. (Photo by Alex Wong/Getty Images) — Mark Zuckerberg (Alex Wong/Getty Images)