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YAM Finance Hit by Governance Attack, $337,000 in Assets Exposed

YAM Finance faces a potential governance takeover after an attacker accumulated enough voting power to submit a proposal targeting the protocol’s Timelock. If approved and executed, the proposal could give the attacker administrative control over YAM contracts and the DAO treasury. About $337,000 (roughly Rs. 3.1 crore) in assets could be exposed, though no treasury funds had been lost when the warning was issued.

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