Deep Tide TechFlow News, on November 20, according to CoinDesk, OpenZeppelin security audit expert Michael Lewellen recently stated in an interview that the DAO governance model needs to be rethought, suggesting to refer to the multi-tiered equity structure adopted by Silicon Valley tech giants like Meta. Currently, Meta adopts a dual-class share system, where the internally held Class B shares have greater voting weight, allowing CEO Mark Zuckerberg to maintain about 58% of voting control, effectively preventing governance attacks.
This viewpoint stems from the recent governance crisis encountered by Compound, where a major player named Humpy and its associated organization GoldenBoys utilized its voting power to allocate $24 million worth of COMP tokens to its controlled yield protocol goldCOMP. Lewellen emphasized that the governance model based on token holdings lacks effective checks and balances, and in the future, DAOs need to introduce measures such as KYC to increase accountability while protecting anonymity.