Mitigation of DAO Attacks

To enhance the security of DGES DAO, several mechanisms have been put in place to protect against malicious actors. One such measure is the introduction of a 24-hour waiting period, during which tokens transferred into the Governance Pool cannot be used for voting in the DAO.

Additionally, DGES DAO features a veto mechanism for decisions. Here’s how it works: after the DAO makes a decision, participants have 24 hours to initiate a veto process. To trigger this process, a veto proposal must gather support from 5% of the total RNFTs in the DGES DAO pool within the 24-hour window. If this threshold is met, the proposal is put to a re-vote. If the re-vote passes, the decision stands and takes effect after the voting period ends. If the veto does not receive enough votes for reconsideration, the decision automatically takes effect after the 24-hour period. RNFTs that are withdrawn from the Governance Pool during these periods lose their voting rights.