Today news
About the same in other media
Compound Finance Reaches Truce with Crypto Whale Humpy and The Golden Boys After Governance Dispute
Reading now: 173
cryptonews.comCompound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289.
This proposal, passed under contentious conditions, sought to allocate $24 million worth of COMP tokens to a yield-bearing protocol managed by The Golden Boys.
The proposal faced criticism for manipulation by a small group buying large amounts of COMP tokens. The new offer suggests a staking product to align with all parties’ interests, particularly addressing Humpy’s needs as a delegate and COMP holder.
Read more on cryptonews.comAbout this in other media
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ scandal that roiled nation's economy abcnews.go.com /1 month ago
Japan's SoftBank reduces its investment losses with gains in Alibaba and other holdings abcnews.go.com /1 month ago
What's Next For Bitcoin and Ether After The Recent Selloff? investopedia.com /1 month ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
