kaal:claim:4529715-028

Where a founder retains access to the smart contract behind the governance token, as with 3OH DAO, an internal attack by that founder would be remarkably easy.

Source quote, verbatim

If a DAO could have negative attack resistance, 3OH would be the DAO. With the founder having access to the smart contract, an internal attack by the founder would be remarkably easy.

From

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Appendix, Political Action DAOs, 3OH DAO, p. 66
https://ssrn.com/abstract=4529715 · source PDF

Cite as

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

Holds when

founder has not renounced ownership of the token smart contract

Classification

failuresupport: evidencedfailure: founder-key-retentionfamily: recentralization-driftdaoconsensus-and-securitysmart-contracts

Related claims

specializes kaal:claim:4067783-010 Insider knowledge of contract internals is itself an attack surface: at Snowdog DAO an insider who knew a chal...

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