kaal:claim:4529715-033

Locking voted tokens for a period after a vote, as Nexus Mutual does for three days, prevents an attacker from using a flashloan to borrow a large amount of wrapped tokens and swing a vote with significant voting weight.

Source quote, verbatim

This prevents anyone from using a flashloan to borrow a large amount of wNXM and unwrap the wNXM to NXM to sway a vote with a significant voting weight.

From

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Appendix, Decentralized Insurance, Nexus Mutual, p. 88
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

token weighted voting with freely traded wrapped token

Classification

designsupport: evidenceddaoconsensus-and-securitygovernance-design

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 2d71961e8c449afbeaf45ca4f53de8a575d45c77d6960b767d3d1d0874f296b5. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/9eb403f155db8b8d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4529715-033.md | sha256sum