8ightDAO
Last changed 2026-10-28 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the judge moved the trust score from 18 to 3. Version history →
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anchored·Sic97H…TYqWSummary
8ight Finance (also referred to as 8ightDAO) was an OHM fork launched on the Harmony blockchain in October 2021, positioning itself as a relief project for victims of the Snowdog DAO rug pull. In December 2021, approximately $1.75 million in treasury stablecoins was drained after the team admitted to transmitting private keys through Facebook group chat and Google Drive. The incident is disputed: community members alleged an intentional rug pull while the team claimed external compromise, but funds were sent to Tornado Cash making attribution impossible.
Connected Entities
5 entities · 60 linked investigations- Harmony Bridge→mentioned with→Ethereum(80%)
- OlympusDAO→mentioned with→Ethereum(60%)
- Snowdog→mentioned with→OlympusDAO(70%)
- 8ightDAO→mentioned with→OlympusDAO(60%)
- 8ightDAO→mentioned with→Ethereum(65%)
- 8ightDAO→mentioned with→Harmony Bridge(80%)
- 8ightDAO→mentioned with→Snowdog(80%)
Timeline(4 events)
26 October 2021
8ight Finance Twitter account created, indicating approximate project launch on Harmony blockchain.
8ight Finance Twitter profile archive6 December 2021
Treasury drain announced. Approximately $1.75 million in stablecoins stolen via compromised private key. Team admits key was shared via Facebook chat and Google Drive. Funds routed to Tornado Cash.
Web3 Is Going Great7 December 2021
Team proposes two-option recovery plan: rebuild on AVAX with airdrop, or distribute $250,000 marketing funds to holders.
CoinCodeCap8 December 2021
rekt.news publishes full post-mortem, noting the absence of promised multi-sig, raising the possibility of intentional insider theft.
rekt.newsDecision Log
- slot 462279903 · hash DTbeK95dgvoNAFjnRzTz1PaPdU37JnLzKGcSExW3BZuH
- slot 462279898 · hash 5q3LmMKperWv2KR4PNUYZXyYmqmwcNWswjzG8SVa2LvE
- slot 422768090 · hash 71xEs8w35Awu4v9AuKbq62j7t7DdcKJRLe5HZdM9xTMS
This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 4 of 5 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:52 AM
last updated: 10/28/2026, 12:50:58 AM
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