Governance Proposal

BONK DAO was drained of about $20 million in BONK tokens after an attacker bought enough voting power to push through a malicious onchain proposal. The incident has renewed scrutiny of token-based governance models that allow low-turnout votes to automatically move treasury funds.

A new Ethereum governance proposal would let validators direct part of their staking rewards to ecosystem infrastructure and public goods. If approved by a majority, the contribution could become mandatory for all validators.