GOVERNANCE & DAOS
Governance Attack
Definition
A governance attack occurs when malicious actors acquire enough voting power to pass harmful proposals, potentially draining treasuries, changing protocol parameters, or disrupting operations.
Example
Example
An attacker could buy a large amount of governance tokens, propose to transfer all treasury funds to their address, and vote it through if they have majority control.
Risks to Consider
Risks
- Treasury drainage
- Protocol disruption
- Loss of decentralization