Compound Finance Hack Unlikely on Curve Finance, Says Founder

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Curve Finance founder addresses concerns about potential governance attacks following the Compound Finance incident, emphasizing ve-tokenomics governance model.

HIGHLIGHTS

Curve's ve-tokenomics model requires a four-year token lock to mitigate rapid token accumulation risks.

Reaching quorum on Curve needs around 200 million CRV tokens, making manipulation difficult.

The Compound hack raises concerns about DeFi governance security.

Curve Finance founder Michael Egorov has addressed concerns about potential governance attacks, following a controversial Compound Finance hack.

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