DeFi· ★★★· neutral·

Compound Votes on Giving Governance Power to Cancel Treasury Operations

  • —Proposal 612 extends treasury delays from two to ten days
  • —A wallet linked to Humpy cast 1.75 million COMP votes in favor
  • —The vote would give COMP holders power to cancel treasury operations
Why it matters: The change would strengthen COMP holders' control over the protocol treasury and could affect how DAO funds are managed.
Source: The Defiant