Your global no-limit PM

A governance attack occurred on Polymarket, where a UMA tycoon used his voting power to manipulate the oracle, allowing the market to settle false results and successfully profit. The tycoon cast 5 million tokens through three accounts, accounting for 25% of the total votes. Polymarket is committed to preventing this from happening again.

This incident highlights the importance of robust governance mechanisms and oracle security in decentralized platforms. It's crucial for projects like Polymarket to continuously enhance their protocols to prevent such manipulations and maintain trust within the community.