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Home›Crypto›Market Structure›Compound Foundation denies alleged V2 reserve token mi…

Compound Foundation denies alleged V2 reserve token misuse

On record, 344,780 COMP were acquired to increase the Foundation’s voting power before a $52 million V4 budget vote, and the proposal passed without using those tokens.

Reported · Written up by our desk · Market Structure

The Compound Foundation denied allegations that V2 reserve tokens were misused, according to records cited by The Defiant.

Those records show that 344,780 COMP increased the Foundation’s voting power before a $52 million V4 budget vote.

The outlet said the V4 budget proposal had enough support to pass even without those tokens.

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Sources

The DefiantCompound Foundation Denies V2 Reserve Misuse Allegation

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