MONEY ANN PREVENTED A MALICIOUS GOVERNANCE ATTACK AGAINST A DAO, AVOIDING A LOSS OF $1.2 MILLION

The monitoring team found a malicious governance proposal against a DAO involving approximately $1.2 million in treasury currency risk, less than 48 hours from implementation. The project was linked to the project and the focal point closed the exchange, after which the project voted against the proposal. The proposal takes advantage of the lower proposal threshold of the governance mechanism on the project chain. In July of this year, BonkDAO confirmed that a malicious proposal had transferred some $20 million of the BONK coin from its vault。