Subscribe to blockful
blockfulA hidden threat to ENS: Uncovering and solving a major governance risk
Special thanks to Avsa, Spence, Guiriba, Zeugh and Danimim for discussion and review throughout the whole process.“Security is always excessive until it’s not enough.” — Robbie SinclairIt's widely recognized that ENS is vital as the backbone of decentralized identity and enhanced UX on Ethereum. It's one of the most impactful and sustainable organizations while also strongly funding public goods.Given ENS's critical role in the ecosystem, ensuring its security and stability is ...
blockfulEnd-to-End Anticapture: The DAOs You're In Might Be at Risk
Governance Security needs to become a trend before governance attacks do.Governance attacks are happening—way too oftenWe’re watching governance attacks happen right in front of us—more often than anyone would like to admit. The worst part? Measures are usually reactionary. Emergency patches. Quick fixes. Or, worse, centralized responses to prevent entire treasuries from being drained. In some cases, the DAOs just vanish. https://x.com/CryptoChiefNews/status/1892574424127160388DAOs built grea...
blockfulAnatomy and antidote for Compound War
Authors: alextnetto.eth, guiriba.eth, 0xneves.eth, zeugh.eth, danimim.ethTimelineMay 6 - Unexpected proposalHumpy and the Golden Boys presented a proposal to invest 5% of Compound's tokens in a strategy called goldCOMP, submitting it directly on-chain and then posting it in the forum. It works like a wrapped COMP: the tokens are deposited in a contract and return goldCOMP. The proposal aimed to get 92K COMP from Compound to provide the initial liquidity for goldCOMP. The COMP provided by...
We optimize human coordination through open-source projects by building public goods. In the first half of 2024, we've been busy enhancing governance mechanisms and securing ENS scalability.
One of our main goals has been to improve governance within DAOs. We tackled a major delegate power imbalance risk in the ENS DAO by introducing a veto proposer role and setting up a Security Council. This move has made the DAO much more resilient against potential threats.
We've broadened our service provider network through some key partnerships:
Ethereum Name Service (ENS): Selected for the "Streams for Service Providers" program, receiving annual funding.
Shutter DAO: Chosen as the development house on retainer to provide ongoing support for the Shutter Network.
As the official ENS service provider, Blockful is dedicated to improving the ENS ecosystem and supporting its expansion. We have secured grants to scale ENS on both Optimism and Arbitrum.
By reducing gas fees and subsidizing initial user onboarding costs, we aim to make ENS more accessible to a wider audience.
We've been actively involved in the web3 community, sharing our insights and knowledge through talks, workshops, and panel discussions at major events:
Our team has been making waves in the hackathon circuit, presenting innovative solutions and earning top spots in several competitions:
ETH Samba: We clinched a win with AI Delegate, designed to participate in DAO governance and enhance decision-making.
https://twitter.com/blockful_io/status/1772685301699203229
ETH Belgrade: Our project DAOgram impressed the judges, offering a novel approach to DAO communication and coordination.
https://twitter.com/danimimm/status/1797706428339413104
ETHGlobal Brussels: We won with Liquid Delegate, enabling ARB to WARB wrapping, revenue sharing, and extra liquidity removal rewards.
https://x.com/PancakeSwap/status/1812584884835078379
Our product lineup keeps getting better with ongoing work on the following:
https://x.com/OctantApp/status/1811850040802984219
https://x.com/blockful_io/status/1813218392234397701
https://twitter.com/Swaplace_io/status/1808560901525504051
Our work is grounded in open-source principles and a commitment to public goods. We actively contribute to the ecosystem beyond development, including governance and community building. We look forward to sharing more updates on our progress in the coming months.
Want to stay updated? Follow us on X, explore our code on GitHub, and discover more in our page.
We optimize human coordination through open-source projects by building public goods. In the first half of 2024, we've been busy enhancing governance mechanisms and securing ENS scalability.
One of our main goals has been to improve governance within DAOs. We tackled a major delegate power imbalance risk in the ENS DAO by introducing a veto proposer role and setting up a Security Council. This move has made the DAO much more resilient against potential threats.
We've broadened our service provider network through some key partnerships:
Ethereum Name Service (ENS): Selected for the "Streams for Service Providers" program, receiving annual funding.
Shutter DAO: Chosen as the development house on retainer to provide ongoing support for the Shutter Network.
As the official ENS service provider, Blockful is dedicated to improving the ENS ecosystem and supporting its expansion. We have secured grants to scale ENS on both Optimism and Arbitrum.
By reducing gas fees and subsidizing initial user onboarding costs, we aim to make ENS more accessible to a wider audience.
We've been actively involved in the web3 community, sharing our insights and knowledge through talks, workshops, and panel discussions at major events:
Our team has been making waves in the hackathon circuit, presenting innovative solutions and earning top spots in several competitions:
ETH Samba: We clinched a win with AI Delegate, designed to participate in DAO governance and enhance decision-making.
https://twitter.com/blockful_io/status/1772685301699203229
ETH Belgrade: Our project DAOgram impressed the judges, offering a novel approach to DAO communication and coordination.
https://twitter.com/danimimm/status/1797706428339413104
ETHGlobal Brussels: We won with Liquid Delegate, enabling ARB to WARB wrapping, revenue sharing, and extra liquidity removal rewards.
https://x.com/PancakeSwap/status/1812584884835078379
Our product lineup keeps getting better with ongoing work on the following:
https://x.com/OctantApp/status/1811850040802984219
https://x.com/blockful_io/status/1813218392234397701
https://twitter.com/Swaplace_io/status/1808560901525504051
Our work is grounded in open-source principles and a commitment to public goods. We actively contribute to the ecosystem beyond development, including governance and community building. We look forward to sharing more updates on our progress in the coming months.
Want to stay updated? Follow us on X, explore our code on GitHub, and discover more in our page.
blockfulA hidden threat to ENS: Uncovering and solving a major governance risk
Special thanks to Avsa, Spence, Guiriba, Zeugh and Danimim for discussion and review throughout the whole process.“Security is always excessive until it’s not enough.” — Robbie SinclairIt's widely recognized that ENS is vital as the backbone of decentralized identity and enhanced UX on Ethereum. It's one of the most impactful and sustainable organizations while also strongly funding public goods.Given ENS's critical role in the ecosystem, ensuring its security and stability is ...
blockfulEnd-to-End Anticapture: The DAOs You're In Might Be at Risk
Governance Security needs to become a trend before governance attacks do.Governance attacks are happening—way too oftenWe’re watching governance attacks happen right in front of us—more often than anyone would like to admit. The worst part? Measures are usually reactionary. Emergency patches. Quick fixes. Or, worse, centralized responses to prevent entire treasuries from being drained. In some cases, the DAOs just vanish. https://x.com/CryptoChiefNews/status/1892574424127160388DAOs built grea...
blockfulAnatomy and antidote for Compound War
Authors: alextnetto.eth, guiriba.eth, 0xneves.eth, zeugh.eth, danimim.ethTimelineMay 6 - Unexpected proposalHumpy and the Golden Boys presented a proposal to invest 5% of Compound's tokens in a strategy called goldCOMP, submitting it directly on-chain and then posting it in the forum. It works like a wrapped COMP: the tokens are deposited in a contract and return goldCOMP. The proposal aimed to get 92K COMP from Compound to provide the initial liquidity for goldCOMP. The COMP provided by...
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
No comments yet