Compound DAO Scrambles to Deprecate pumpBTC as DeFi Governance Drama Reaches Peak Noise
Compound DAO initiated a frantic token-holder vote to scrub pumpBTC collateral from its Ethereum market before unneeded volatility swallows everything. Out on the dusty dirt roads of Baja, the local stray dogs have more organized governance than an on-chain DAO. While crypto-bros sweat over emergency administrative contracts, we are busy watching pelicans dive into the Sea of Cortez and trying to remember what day of the week it is.