**News**

- On July 28, 2024, the Compound community passed Proposition 289, which allowed a group of five token holders to gain control of $24 million from the CompoundDAO treasury.

- The proposal has drawn criticism as an example of a "governance attack," where DAO governance mechanisms are used to seize funds or control.

- The issue arose due to low voter turnout, with less than 7% of the total COMP supply voting.

- A new proposed metric, "Voting Bloc Entropy" (VBE), could help better measure and improve decentralization in DAOs.