By transitioning to a fully DAO-governed model, Nexus could expand its user base and iron out tokenomic friction.
After an attack at one point worth nearly $180 million, community members are left wondering if the exploit is a “rugpull” or a security lapse.
Cover Protocol will distribute new “coins” to tokenholders as Binance announces compensation for affected traders.
Cover, the peer-to-peer coverage market, is the latest DeFi project to suffer an attack.
Traders and developers are trending towards greater DeFi depositor protections in unison
“That’s how shit gets done here,” says one team member