Marinade says two proposals were rejected in six hours, blocking DAO takeover attempt

Marinade says two proposals were rejected in six hours, blocking DAO takeover attempt

N
News Editor
2026-10-01 08:00:36
Marinade, a liquid staking protocol in the Solana ecosystem, said its governance council rejected two proposals within six hours, stopping what it described as an attempt to take over the DAO. The protocol said no funds were moved during the incident and that its staking services were not affected. The update points to a governance dispute rather than an operational failure, with Marinade stressing that user assets remained untouched throughout the episode. The statement, cited by ChainCatcher, did not indicate any disruption to staking activity on the platform.

Marinade, a liquid staking protocol on Solana, said its governance council rejected two proposals within six hours, blocking what it described as an attempt to take over the DAO.

According to Marinade, no funds were moved during the incident, and its staking services were not affected.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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