Ethereum Community Conference 5: How can DAOs combat hostile takeovers?

Ethereum Community Conference 5: How can DAOs combat hostile takeovers?


At the Ethereum Community Conference 5 in Paris, France, a presenter explored decentralized autonomous organizations (DAO) and what countermeasures they could employ against hostile takeovers. 

Hilary Kivitz, a Web3 advisor and former partner at a16z crypto, discussed protective concepts in traditional finance that can potentially be applied within DAOs to help combat the increasing risk of hostile takeovers.

Within DAO governance, Kivitz argued that there are risks including vote buying to control the votes so that attackers can exploit the DAO. According to Kivitz, these can allow exploiters to raid DAO treasuries and take their locked assets. She also shed light on empty voting, explaining:

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“The mechanics are that the exporter would borrow the token, execute on the vote and repay the token the loan on the

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