A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289.
The people behind a recent so-called “governance attack” on lending and borrowing protocol Compound Finance has agreed to rescind their controversial proposal in place of an alternative.
The proposal from the Compound governance voting bloc “Golden Boys” narrowly passed on July 28 despite community opposition, leading to accusations of a governance attack.
Proposal 289 was to create a wrapped “goldCOMP” token and treasury using 499,000 COMP tokens — worth around $25 million at the time — to provide passive income for COMP holders but could be invested at the discretion of the Golden Boys.
