Decentralization for Dummies: Attacker Buys DAO Votes, Empties Treasury.
In a display of pure, unadulterated crypto genius, a savvy individual managed to 'democratically' vote themselves $20 million from the BonkDAO treasury by simply buying enough tokens. Turns out, true decentralization just means whoever has the most coins wins, a concept as shocking as finding a new pothole on the road to Todos Santos. Here, we call this efficient market dynamics; elsewhere, they call it grand theft, but what do they know about surfing this good?