🔍 DAO Governance Under the Microscope: Time for a Change?

- Recent events in the DAO world, like the governance attack on Compound, highlight the need for a governance rethink. Experts suggest adopting a multi-class share structure similar to Meta to prevent such exploits.

- The attack, led by a whale known as Humpy, exposed vulnerabilities in the one-token-one-vote system.

- Michael Lewellen from OpenZeppelin advocates for integrating KYC and zero-knowledge cryptography to enhance accountability without sacrificing anonymity.

- What do you think? Should DAOs adopt more centralized governance models? Share your thoughts in the comments!