Compound Votes on Treasury Delays and Veto Powers Amid Growing DeFi Governance Strains
Key Highlights Compound’s Proposal 612 is advancing with 1.75 million votes in favor versus 921,000 against, surpassing its 400,000 quorum threshold. The proposal grants EXECUTOR_ROLE and CANCELLER_ROLE to the Governor Timelock, allowing DAO governance to actively block Treasury Timelock operations. The initiative follows controversial treasury actions, including a $3 million stablecoin transfer to Uniswap V3 ...