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Compound refused to compensate victims of unfair liquidation — Here's why

Published 12/16/2020, 09:26 AM
Updated 12/17/2020, 02:20 AM
Compound refused to compensate victims of unfair liquidation — Here's why

On Monday, the majority of the Compound Finance governance community voted against a proposed compensation plan for users affected by the Dai liquidations that occurred on Nov. 26.

Figures from the Compound governance dashboard show 681,290 votes against and only 212,952 votes in favor. Also, COMP whales such as Polychain Capital and Dharma were against the plan, judging by their “no” votes cast.

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