An Ampleforth governance proposal requested 2.5 million USDC, roughly 98.5% of the treasury’s displayed USDC balance, for a single wallet. The proposal was canceled before voting began and no funds moved, but it exposed how concentrated delegated voting power could push a near-treasury-sized request into the binding governance system. https://cryptoslate.com/defi-governance-gap-allows-one-wallet-to-request-98-of-ampleforth-treasurys-usdc-balance/