⚠️DAO Money Heist: How thieves are draining DAO funds in plain sight DeepDAO’s candid interview with a “professional DAO drainer” showed how some scam DAOs by appearing legit to the more gullible of the DAO’s members. This is generally true because: ▪️Most people don’t read proposals carefully. ▪️Many will vote for anything just to show activity in hope of some future reward (like an airdrop). ▪️There is little vetting of DAO contractors. 🔹Social engineering of trust Money grabbers infiltrated the DAOs so deeply as to become trusted moderators and community leaders. 🔹Fighting back A lesson can be learned from sniping bots, which plagued AMM launches until 111PG came in and made the game not worth it. 🔹Trust shield One option is to have a DAO of Experts with special voting power benefitting themselves and those delegating to them. 📖 Read about the details of draining treasuries and possible countermeasures in the full article 👉 here