TechDAOs force crypto protocols to choose between code and emergency brakes
Compound’s disputed 2024 governance vote showed how rules that execute code automatically can create a path to a treasury raid, even without a coding flaw. Two studies of 48 large Ethereum DAOs found that registration, staking, delegation and execution systems can concentrate voting power, while emergency safeguards may give additional control to a smaller group.
DAOs force crypto protocols to choose between code and emergency brakes
Tech