Ignas refutes Vitalik's claim for a "better DAO": DAO governance structures still carry risks, with COMP governance attacks becoming real-world examples

Odaily Planet Daily reports that in response to Ethereum co-creator Vitalik’s call for more and better DAOs, DeFi researcher Ignas posted on X platform to refute, stating that DAOs are typically operated by three groups: the core team or foundation, professional delegate representatives, and whales. The existence of professional delegate representatives is due to most token holders neglecting governance; 95% of votes are for technical upgrades, and someone needs to be compensated to pay attention to these matters. This tripartite alliance has flaws and systemic risks, such as in 2024, when $24 million worth of COMP tokens were “legally” transferred from the Compound treasury to an unfamiliar and unmonitorable multi-signature address through community voting, triggering a DAO governance attack. In theory, as long as project founders decide to care about DAO, everything is feasible, but many people simply do not care.