A brief look at a potential governance attack on the Nouns DAO treasury.In this post we analyze a hypothetical attack on Nouns, a generative non-fungible token (NFT) project mixed with a DAO on Ethereum. Nouns is a relatively simple but powerful idea, that can be credited with running an interesting new experiment in the NFT space. Every 24 hours, the Nouns Auction Contract sells one new Noun, the proceeds for this sale are all send to the NounsDAO. The founders, who call themselves "Nounders...

A brief look at a potential governance attack on the Nouns DAO treasury.In this post we analyze a hypothetical attack on Nouns, a generative non-fungible token (NFT) project mixed with a DAO on Ethereum. Nouns is a relatively simple but powerful idea, that can be credited with running an interesting new experiment in the NFT space. Every 24 hours, the Nouns Auction Contract sells one new Noun, the proceeds for this sale are all send to the NounsDAO. The founders, who call themselves "Nounders...