"This is a community-led investigation by rekt.news readers.
DAO Maker, after getting rekt for $7M and then $4M last year, proposed a compensation plan to the affected users.
The plan was made up of a partial USDC airdrop alongside a refund token, USDR, redeemable for 110% of its dollar value (in the project’s native token, DAO) a year later.
Concerned DAO Maker users contacted rekt.news wishing to draw attention to what they claim is an attempt by the team to use their protocol governance to halt the refund process."