I was just having a discussion on Saturn’s telegram with Inky B where he brought my attention to the recent Crowd Machine (CMCT) hack.
10% of the $CMCT supply was dumped for 0.5 ETH, looks as if hackers market dumped at whatever price into the books.
There is now debate on what will happen with the coin, people are saying they may roll back the chain via creating new ERC20 and will ask exchanges to rollback.
Are decentralised exchanges (such as IDEX) allowed to rollback?
According to the Aurora_Dao twitter, $CMCT has currently been de-listed while they investigate suspicious activity.
I’ve made this thread as a kind of mock-up for the Saturn DAO (a bit of practise) - what would we do/vote on/would there even be a vote?
If CMCT asked us to rollback what would people vote to do?
Any thoughts are welcome please don’t hesitate to post!