Yam Finance Faces Governance Takeover Attempt, $337,000 at Risk

Yam Finance is currently facing a governance takeover attempt after an attacker delegated 504,000 YAM tokens to submit a malicious proposal. If passed, the proposal would allow the attacker to gain control of the protocol's Timelock, putting approximately $337,000 in assets at risk. The community has been urged to vote against the proposal before block height 25897343.