Astroport has stopped letting its tokenholders run the show. On October 8, 2026, the Cosmos-based decentralized exchange fully disabled tokenholder governance on both Neutron and Terra. The trigger was a governance attack on September 22, 2026. A vote acquired for approximately $20,000 handed someone administrative control over Astroport contracts. For a protocol securing millions in liquidity, that is a very cheap set of keys. What changed, and what didn’t Going forward, Astroport contributors will operate the protocol through DAO DAO organizations. Token-weighted voting is out. Every decision will instead have to move through a public proposal process. A multisig wallet will also sit in the background as an emergency owner. Its job is to make sure the protocol can be recovered if something goes wrong again. ASTRO emissions are going to zero, ending the stream of new tokens the protocol had been distributing. Astroport also plans to burn approximately 362 million ASTRO tokens sitting in its Neutron treasury. Minting capabilities will be restricted to burns. For everyday users, the front end keeps working. Pools, swaps and liquidity positions all remain functional, and the team has...
Astroport ends tokenholder governance on Neutron and Terra after attack
3 weeks ago
25
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