MakerDAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack

The MakerDAO community is voting Friday on a proposal to change its governance system to harden it against flash loan attacks.
This proposal comes after the team from BProtocol flash borrowed $7 million worth of MKR tokens from derivatives platform dYdX to swing a vote on Maker in its own favor.
MakerDAOâs MKR token is required to vote on changes to the DeFi platform.
According to a MakerDAO forum post, the proposed fix extends the delay between a proposalâs passing and its implementation from 12 hours to 72 hours, which would give the community enough time to review and veto an unfair vote.
Additionally, the proposal would also deactivate two modules that allow users to freeze Makerâs liquidation engine and its oracle service.

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