ID:
bribe-protocol-1189
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Picasso Parachain
Protocol
Token
Scams
Extended Method:
Rug Pull
Days in Operation:
458
(1.25 Years)
100 pts each
Bribe Protocol announced that it is winding down operation after raising $5.5M including a private sale of 1.02M BRIBE tokens. Bribe creates DAO infrastructure tooling to reward protocol participation. Bribe V1 introduces Voter Extractable Value (VEV) to coordinate and auction powerful coalitions of DAO votes. Bribe users stake their governance tokens in protocol-specific pools to earn income. Bidders borrow the staked votes to support or reject governance proposals.
According to ZachXBT, the project just went dark. There are no posts on the project's Twitter account since May, their Medium page has been untouched since March.
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