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Curve Founder: ve Governance Model Avoids the Governance Attacks Compound Faces

Curve Founder: ve Governance Model Avoids the Governance Attacks Compound Faces

Bitget2024/07/29 09:13

In response to “Compound may be subject to governance attacks”, Curve founder Michael Egorov posted on X that the Curve economic model is designed specifically to avoid such problems. Such an attack would be difficult to pull off on Curve, as the attacker would need to lock up tokens for 4 years, the number of legal tokens voted on would be high (200 million CRV), and Curve's governance is much more active, so malicious proposals would not be ignored. Governance based on the veconomic model is more robust than the “tokens-as-votes” model.

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