governance

According to The Defiant, the Solana ecosystem liquid staking protocol Marinade stated that its governance committee consecutively rejected two proposals within six hours, thereby preventing an attempt to take over the DAO.Marinade stated that this incident did not result in any funds being transferred, and its staking services were not affected.

Concrete, the on-chain financial operating system, announced that its native governance and utility token CT will have its Token Generation Event (TGE) on September 30, 2026. CT is issued by Concrete Network, Ltd., with a fixed total supply of 1 billion tokens and no inflation mechanism. The products cover Earn, Vaults, Enterprise, and AssetCX, with official disclosures showing deposits exceeding $1.2 billion, a cumulative trading volume of over $23 billion, and more than 54,000 depositors. The development company is Blueprint Finance.Eligible holders who lock CT can participate in governance matters related to supported strategies, collateral classifications, fee frameworks, and module operation methods. Staking users may receive adjustments to protocol-side fees based on their interactions with supported modules and may qualify for rewards based on their level of participation and protocol rules; as the protocol expands, more defined protocol decisions will gradually transition to token governance.The distribution ratio of CT is 35% for the ecosystem, 15% for the foundation, 22% for the team, and 28% for investors. The ecosystem portion is used for community distribution, ecosystem participation, liquidity, and ecosystem growth, with contributors and investors subject to long-term vesting arrangements. The Cayman Islands foundation company Concrete Foundation is responsible for coordinating protocol governance and managing the CT treasury, while its British Virgin Islands subsidiary Concrete Network, Ltd. is the issuer. CT has deployed contracts on Ethereum and BNB Chain, with trading times, trading pairs, and qualifications determined by each platform.

According to the Snapshot page, the proposal for the World Liberty Financial (WLFI) community to "Launch the WLFI Governance Participation Incentive Program" has concluded voting. Approximately 82.13% voted in favor, about 9.17% voted against, and around 8.70% abstained.A total of 2,306 addresses participated in the voting, with a total voting volume of approximately 2.114 billion WLFI, exceeding the statutory threshold of 1 billion. Holders of unlocked WLFI will lock their tokens for at least 180 days and participate directly in governance voting at least once every 90 days to receive dynamically calculated rewards; delegated votes do not count towards participation requirements.The program is scheduled to be launched before October 1 and will replace the original proposal passed on March 12, 2026.

According to a disclosure by Compound community member ugurmersin, the Compound Foundation is suspected of violating the strict limitations of Proposal 536. This proposal originally entrusted 8.42 million DAI from the decentralized autonomous organization's (DAO) reserves to the foundation for management, explicitly stating that the funds could only be used to support protocol operations, strictly prohibiting autonomous trading or speculation, and could not be used to fund the foundation's own business.

On-chain derivatives protocol Derive announced on X that a new governance proposal has been launched on the Derive forum, aiming to increase the proportion of protocol revenue allocated to DRV buybacks to 50%.Derive stated that community members can review the proposal and share their opinions, and the relevant discussion is now open. DRV is the protocol token of Derive, and this proposal involves the allocation ratio of protocol revenue used for token buybacks.

The Cosmos ecosystem protocol Neutron faced a governance proposal that was manipulated by an attacker. The related address spent approximately 20,199 USDC to buy NTRN and staked 31.6 million NTRN about 12 minutes before the voting ended, ultimately allowing the proposal to pass with an 82% approval rate. Subsequently, the management rights of 11 contracts were transferred to the attacker, and they migrated to malicious code, stealing approximately 4.4 million dollars in assets.To recover the funds, Cosmos Hub validators coordinated a chain halt for nearly 24 hours and 48 minutes, and during the restart process, approximately 1.23 million ATOM were transferred from the attacker's wallet to a new address, with plans to return them to the original holders.

World Liberty has initiated the WLFI governance voting, which involves a 180-day governance reward program.The reward does not have a fixed interest rate, and the fund pool is jointly contributed by the project treasury and the transaction fee income from World Liberty Markets.

On-chain yield operating system Concrete announced the launch of Concrete Foundation, a governance and treasury entity to support the long-term development of the protocol, and introduced the native governance and configuration token CT. Eligible holders can participate in protocol governance and use established configuration functions under applicable rules by locking or staking CT. CT is issued by Concrete Network, Ltd., which is also seeking its trading access. Details of the TGE will be announced separately, and there are currently no claims, pre-sales, or early access plans.CT is a fixed supply ERC-20 token of 1 billion on Ethereum, with no inflation mechanism. Qualified holders who lock CT can participate in decision-making on protocol parameters such as strategy approval, collateral classification, fee framework, and treasury-related policies. Users who stake CT can adjust certain protocol-side fees related to their interaction with supporting modules under predefined technical parameters. Concrete Foundation is a Cayman Islands foundation company responsible for coordinating protocol governance and holding and managing the CT treasury. Treasury resources can be used for protocol development and maintenance, security audits, ecosystem integration, and foundation administrative expenses.

Paradigm founder Matt Huang commented on Zcash via Twitter. He stated that all blockchain ecosystems face the long-term funding challenge for public goods, and funding developer funds through inflation is a relatively elegant mechanism; how funds are allocated can be discussed and continuously improved. In the context of accelerating AI network attack capabilities and advancements in quantum computing, developer funds remain very important.Regarding governance, Matt Huang mentioned that as Zcash is increasingly accepted by more users as a complementary asset to Bitcoin for privacy, voting solely based on the amount of tokens held will bring uncertainty and may limit its long-term trust as a monetary asset. The project is better off combining token-based voting with other forms of governance.

On September 14, Aave Labs released an ARFC on the Aave governance forum, seeking approval to deploy a new Aave V4 Isolated Hub and Spoke to integrate institutional custody collateral as collateral for stablecoin loans. Institutional borrowers will deposit collateral with Anchorage and maintain custody during the loan period, with the custody balance represented on-chain by non-transferable custody collateral tokens CoCT, minted and burned by CustodySync designed by Chainlink.Borrowers will stake CoCT on the Spoke and withdraw stablecoins from the Isolated Hub. The entire loan lifecycle, including liquidation, is synchronized between the custodian and Aave through Chainlink infrastructure. The proposal is limited to a single Isolated Hub and a single Spoke governed by the Aave DAO, without altering existing Hubs, Spokes, or reserves. The underlying assets will always remain in custody, with Anchorage holding the assets as the custodian and acting as the counterparty for account control protocols; Chainlink does not hold the assets.CoCT is a restricted transfer ERC-20, only allowing Hub, Spoke, and CustodySync, with minting and burning exclusive to CustodySync, and each borrower's position corresponding to a contract. The initial plan is to launch a CoCT for BTC held in custody by Anchorage. The next steps involve ARFC discussions, and if supported, it will proceed to Snapshot, followed by submitting the final parameters for AIP.

On September 14, Foreign Ministry spokesperson Guo Jiakun stated: Spreading various threatening narratives, engaging in confrontation and malicious competition will only disrupt the global governance process of artificial intelligence and does not align with the interests of any party.Recently, leaders from several AI companies have called for a slowdown in the development of artificial intelligence and believe that China's advantages in the field of artificial intelligence may pose national security risks.

GoPlus Chinese Community issued a security alert stating that a newly activated external account address has initiated a malicious governance proposal against Ampleforth. The proposal, titled "Application for Completed Work Funding for SPOT Ecosystem Analysis Tool," attempts to transfer 2.5 million USDC from the treasury to the proposer, an amount that nearly accounts for all the liquid funds in the treasury.

Vitalik Buterin stated that the "killer application" of adversarial governance mechanism design theory may ultimately appear in the field of artificial intelligence safety. He believes there is a deep correspondence between governance mechanisms and artificial intelligence safety: both involve how "weaker principals" can achieve ideal outcomes from "stronger agents."In governance scenarios, the principal is a static algorithm, and the agent is a human; in artificial intelligence safety scenarios, the principal is humans and weaker large language models, while the agent is a stronger large language model. Vitalik pointed out that if the degree of collusion among agents can be limited, the system can achieve better outcomes, and this mechanism design conclusion may be transferable to the field of artificial intelligence safety.

According to Defimon monitoring, the Ampleforth governance system Governor Bravo has a suspicious proposal 54, involving approximately 2.5 million dollars of treasury funds. This incident has been classified as an access control risk and a malicious governance proposal, and the related funds have not yet been transferred out.The Ampleforth time-lock contract currently holds about 2.538 million USDC, so this proposal involves nearly all treasury assets. The proposer disclosed that they wrote the proposal themselves and plan to vote through a delegated address holding 87,238 FORTH, which accounts for about 0.57% of the supply, slightly above the proposal threshold of 75,000 FORTH. The quorum for the proposal is 600,000 FORTH, which, at the current price of FORTH at 0.22 dollars, is worth approximately 132,000 dollars.

The DAO governance platform Aragon announced the launch of Confidential Voting, a governance plugin based on the Zama Protocol for Aragon OSx. This plugin keeps individual votes encrypted during the counting process while retaining the familiar Aragon voting experience. Zama's programmable confidentiality allows projects to define decryptable information, decryptors, and conditions.Voters select for, against, or abstain through the Aragon interface, choosing to encrypt and submit using the Zama Relayer SDK on the client side. The plugin utilizes fully homomorphic encryption for verification, weighting, and accumulating encrypted votes, only performing threshold decryption on the final counts of for, against, and abstain after the voting ends. The plugin does not grant decryption rights to individual ballots.To maintain confidentiality during voting, the system does not provide real-time counting, does not support early execution, and allows voters to change their encrypted votes before the deadline. The plugin adopts a modular architecture, allowing it to be used in parallel with other governance primitives, and actions related to proposals are executed by the DAO after approval.

According to the official statement from Osmosis, the proposal for the solution regarding the previous Nomic chain nBTC incident is now online and has officially entered community discussion.According to the proposal, the Osmosis governance community will consider confiscating the previously frozen assets of the attacker and using the accumulated BTC in the community fund pool to cover the remaining collateral gap, in order to restore the full collateral support for Alloyed BTC. Currently, this plan still needs to go through governance discussion and voting, and the asset confiscation or collateral replenishment has not yet been completed.

The Watchdog Committee of the Arbitrum ecosystem (composed of Entropy Advisors and others) submitted a proposal to the governance forum on September 3, requesting a permanent ban on the projects Good Entry, Limitless, and APX Finance, as well as their founders, prohibiting their participation in all future ArbitrumDAO initiatives. The committee determined that these three projects engaged in grant abuse within the STIP and LTIPP incentive programs, involving a total amount of 457,553 ARB (approximately $76,000).Specifically, Good Entry received 200,000 ARB in the first round of STIP, of which 142,839 ARB flowed to 1,032 ineligible users, and there is evidence of self-farming by associated addresses, with the team refusing to cooperate with the investigation; Limitless exchanged all 75,000 ARB for USDC and cross-chain to Base, being classified as suspected theft; APX Finance was approved for 525,000 ARB, of which 239,714 ARB involved issues related to funds being held in the treasury, delayed distribution, and witch cluster problems. APX later merged with Astherus and rebranded as Aster, with approximately 70% of its assets located on the BNB Chain.According to the proposal, the three projects may defend themselves in the forum post before September 10. If the explanations are not accepted and the funds are not returned, the committee will initiate three separate Snapshot votes to decide whether to permanently ban the relevant projects and founders.

On September 2, Curve DAO approved proposal 1492, appointing yRisk as the risk provider for crvUSD and Llamalend, concluding the selection process that began in July. The proposal passed with 621 million veCRV votes in favor, with only 5.33 votes against, and was executed 87 minutes after the voting ended. yRisk will receive a one-year revocable grant, including a principal of 125,000 frxUSD (held in sfrxUSD) and 568,000 CRV, while their previously requested annual funding amount was $250,000.yRisk consists of two members, who claim to be the main developers of Resupply, as well as core developers for Yearn and Resupply. Resupply is a stablecoin and lending protocol built on crvUSD and CurveLend, which lost $9.6 million in June 2025 due to a donation attack vulnerability, although this incident was not mentioned in the proposal. The reviewer, Swiss Stake, confirmed yRisk's experience with Curve but expressed concerns about their limited two-member team and the workload required to cover multiple Llamalend market monitoring scopes.LlamaRisk, which previously held the position, announced the early termination of its cooperation with Curve on May 29, ceased related work on June 30, and returned approximately 270,000 crvUSD of unallocated funds to the treasury. Curve founder Michael Egorov initiated a proposal solicitation on July 7.

The security company Defimon issued an alert stating that a governance takeover attack against YAM Finance has been detected. After self-delegating approximately 504,000 YAM (about 3.3% of the total supply, slightly above the legal voting threshold), the attacker submitted YamGovernorAlpha proposal #45, which is described as empty ("0x"), with the sole action being to call the setPendingAdmin method of the YAM Timelock contract, pointing to the attacker's address.It has been disclosed that if the proposal is voted through and executed, the attacker will become the pendingAdmin, and then can fully control the Timelock through acceptAdmin, which includes management rights over all YAM protocol contracts and the DAO treasury, involving a risk amount of approximately $337,000. As the protocol is currently in a dormant state, Defimon Alerts reminds users holding YAM to vote against the proposal before block height 25897343 (about 34 hours remaining).