Curve founder: ve governance model can avoid governance attacks faced by Compound
Michael Egorov, the founder of Curve, responded to the issue of "Possible Governance Attack on Compound" by stating in a post that the ve economic model is specifically designed to avoid such problems. This type of attack is difficult to occur on Curve, as the attacker would need to lock the tokens for 4 years and the required number of legally voted tokens is also high (200 million CRV). Additionally, Curve governance is more active and malicious proposals will not be ignored. Governance based on the ve economic model is more stable than the "token as voting right" model.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple CEO Brad Garlinghouse Highlights Launch of XRP Futures and ETFs on CME and Nasdaq

TRON DAO Expands Bridge Integration to Boost Stablecoin Payments and Developer Tools

SkyBridge founder Scaramucci: Solana will replace banks for IPO
X platform suspected of experiencing large-scale failure
Trending news
MoreCrypto prices
More








