🔍 Compound DAO Drama: Golden Boys Wins Closely With Proposal to Invest 5% of Funds in Yield-Profiting Instrument, But the Fund Is Controlled by Them, Not the DAO. đŸ€”

- Golden Boys Accused of a Governance Hack, But They Deny It and Agree to Create a Similar Instrument Controlled by the DAO.

- This Event Raises Doubts About the Transparency and Democracy of DAOs.

- DAOs Need to Be Protected by Incorporating into LLCs and Improving Voting Mechanisms.

What Do You Think About DAO Governance? Comment! 💬#CryptoNews#Blockchain #BTC