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Glossary · Definition

Beanstalk Governance Attack

The Beanstalk governance attack was a 2022 exploit in which an attacker borrowed an enormous sum through flash loans, used it to win a supermajority of votes in the Beanstalk stablecoin protocol, and passed a proposal that sent the protocol's funds to themselves within a single transaction.

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The full entry for Beanstalk Governance Attack covers the detailed definition, how it works, an example and the mistakes beginners make.

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