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Governance Flaw Lets Wallet Request 98% of Ampleforth USDC

Key takeaways

  • A governance loophole allowed a single wallet to propose a withdrawal of 98% of Ampleforth's USDC treasury, but the action received no votes.
#DeFi#Ampleforth#Governance

Analysis

A governance loophole allowed a single wallet to propose a withdrawal of 98% of Ampleforth's USDC treasury, but the action received no votes.

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