1 min read
Add as a preferred source on Google

Astroport Ends Tokenholder Governance on Neutron and Terra

The protocol’s governance change follows a Neutron incident that transferred control of 11 contracts tied to Astroport and Drop to an attacker.

Two empty governance chambers lit by cool morning window light / TokenPost.ai
Two empty governance chambers lit by cool morning window light / TokenPost.ai

Astroport is ending tokenholder governance on the Neutron and Terra networks, changing how the protocol will be managed across both ecosystems.

The decision follows a Neutron governance incident in which an expedited proposal transferred control of 11 contracts tied to Astroport and Drop to an attacker. The incident affected contracts connected to the two protocols through Neutron’s governance system.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…