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Compound Finance Reaches Truce with Crypto Whale Humpy and The Golden Boys After Governance Dispute
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Compound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289.
This proposal, passed under contentious conditions, sought to allocate $24 million worth of COMP tokens to a yield-bearing protocol managed by The Golden Boys.
The proposal faced criticism for manipulation by a small group buying large amounts of COMP tokens. The new offer suggests a staking product to align with all parties’ interests, particularly addressing Humpy’s needs as a delegate and COMP holder.
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