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Curve founder: ve governance model can avoid governance attacks faced by Compound

Curve founder: ve governance model can avoid governance attacks faced by Compound

CointimeCointime2024/07/29 09:22
By:Cointime

Michael Egorov, the founder of Curve, responded to the issue of "Possible Governance Attack on Compound" by stating in a post that the ve economic model is specifically designed to avoid such problems. This type of attack is difficult to occur on Curve, as the attacker would need to lock the tokens for 4 years and the required number of legally voted tokens is also high (200 million CRV). Additionally, Curve governance is more active and malicious proposals will not be ignored. Governance based on the ve economic model is more stable than the "token as voting right" model.

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