Compound Foundation Denies V2 Reserve Misuse Allegation

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The Compound Foundation denied allegations of misuse of its V2 reserves. Records show that 344,780 COMP tokens were used to increase the Foundation’s voting power ahead of a $52 million V4 budget vote. The proposal nevertheless had enough support to pass even without those tokens. This case raises questions about the protocol’s governance and the use of its reserves.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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