menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Arbitrum V...
source image

TronWeekly

1w

read

228

img
dot

Image Credit: TronWeekly

Arbitrum Vote Buying Scandal: How 5 ETH Shook DAO Governance Integrity

  • Vote buying on Arbitrum has become a major concern because 5 ETH purchases resulted in 19.3M ARB voting tokens.
  • The practice of vote-buying on Arbitrum creates manipulation anxieties because political candidates use financial incentives to purchase votes.
  • LobbyFi operates its low-cost platform to initiate governance attacks and weakens the protection of decentralized systems against manipulation attempts.
  • The incident sheds light on the growing demand for higher levels of security in DAOs and the importance of addressing vote-buying and manipulation.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app