Governance Gaps
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DeFi lending protocol Term Finance reportedly loses an estimated $8.5 million to a governance exploit
The exploit occurred despite Term vault proposals facing a seven-day delay and being subject to veto by liquidity providers, suggesting these existing controls were insufficient to prevent the inciden
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DeFi lending protocol Term Finance reportedly loses an estimated $8.5 million to a governance exploit
The exploit occurred despite Term vault proposals facing a seven-day delay and being subject to veto by liquidity providers, suggesting these existing controls were insufficient to prevent the inciden
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Governance Gaps
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