A security alert from the GoPlus Chinese community said an attack proposal was submitted to Ampleforth on Sept. 12 by a newly activated externally owned account, or EOA. The proposal asked for 2.5 million USDC from the protocol treasury, describing the payment as compensation for completed work on the SPOT ecosystem analytics tool. According to the alert, that amount accounts for nearly all of the treasury’s liquid funds. As of publication, the proposal was still in pending status, no votes had been cast, and no funds had moved. GoPlus said the proposal threshold is 75,000 FORTH and the passage threshold is 600,000 FORTH. Based on a FORTH price of $0.27 at the time of the warning, roughly $160,000 would be enough to assemble the votes needed for approval. The proposer or recipient address currently holds about 87,200 FORTH voting power, while a delegating address held about the same amount and delegated that voting power to the proposer 19 minutes before the proposal was submitted.
BlockBeats reported on Sept. 14 that the GoPlus Chinese community had issued a security alert over a proposal attack targeting Ampleforth.
According to the alert, a newly activated externally owned account, or EOA, submitted the proposal on Sept. 12. It asked for 2.5 million USDC to be transferred from the treasury to the proposer, stating that the payment was for completed work tied to the SPOT ecosystem analytics tool.
GoPlus said the requested amount represents nearly all of the treasury’s liquid funds. At the time of publication, the proposal remained in Pending status. No one had voted, and the funds had not been transferred.
The proposal threshold was listed at 75,000 FORTH, while the passage threshold was 600,000 FORTH. Using the alert-time price of $0.27 for FORTH, GoPlus said about $160,000 would be enough to gather the voting power needed for passage.
The proposer or recipient address currently holds about 87,200 FORTH in voting power. A delegating address also held about 87,200 FORTH and delegated its voting power to the proposer 19 minutes before the proposal was made.
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