Decentralized venture builder
Joined September 2020
- Tweets 154
- Following 6
- Followers 3,104
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14 Feb 2022
The Build Finance DAO has been the target of a hostile governance takeover in which a malicious actor has put forward and succeeded with a proposal to take control of the Build token contract. 1/18
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14 Feb 2022
However we do believe that due to the lack of severe impact on the core infrastructure of metric.exchange, the Metric protocol and METRIC token can continue to operate and develop independent of the BUILD DAO. 17/18
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14 Feb 2022
As there is no further systemic risk to the token it is not proposed that we consider a token swap or migration at this stage, although this is not ruled out in the longer term if situations dictate. 18/18
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12 Feb 2022
Unfortunately @finance_build has been subject to a hostile governance takeover. A malicious actor has minted 1.1M $BUILD tokens and has drained the project liquidity pools
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12 Feb 2022
The team are preparing an incident report which will be issues shortly. In the meantime please do not purchase $BUILD tokens
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