TREE NEWS update: Curve DAO approved yRisk, backed by two Resupply developers, to manage protocol risk with 536.9 million veCRV votes and no opposition. The mandate, funded Sept. 2 with 125,000 frxUSD and 568,181 CRV, went ahead despite Resupply’s $9.6 million exploit in June 2025, which was not disclosed in the proposal.
Curve hands risk mandate to Resupply devs after hack
AI take
The approval signals a governance preference for hands-on technical risk management over caution, even after a costly related exploit. The undisclosed incident raises questions about disclosure standards in DAO proposals, potentially affecting how delegates vet future mandates. Whether this sets a precedent for other protocols to prioritize expertise over track record is the key dynamic to watch.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
Robinhood Q3 transaction-based revenue $867M, below $874.3M estimate
2h ago
CFTC Sues Utah to Block State Action Against Kalshi Prediction Markets
3h ago
Dormant Whale Buys 123,055 HYPE Tokens Worth $10.02M from Wintermute
3h ago
Whale deposits 366.97B PEPE worth $1.64M to Coinbase
3h ago
Bitwise BHYP ETF wallet receives 47,390 HYPE worth $3.71M after unstaking
3h ago
Predict.fun Completes Refunds to Affected Users