← BonqDAO1 decision on this page
Audit log
Every state-changing event for BonqDAO: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.
- #1publishby system:backfill2026-05-28 16:22:14ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 422,755,675
- sig
4R5EkKzc1REv…SDMnaUZBexplorer ↗- hash
EF2QLJSgSdSi…99Hie3Q7sha256 → base58
verifying row…full verify ↗canonical bytes (8108 B) ▸
{"actor":"system:backfill","investigation_id":"f0db1a5c-4a43-41b2-9a04-5089226b61ac","kind":"publish","page_slug":"bonqdao","published_at":"2026-05-28T16:22:14.792Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"BonqDAO","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/bonq-rekt","type":"other","url":""},{"credibility":3,"name":"https://blocksec.com/blog/bonq-dao-exploited-on-polygon-120-m-stolen-due-to-flawed-logic","type":"other","url":""},{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-bonqdao-hack-february-2023","type":"other","url":""},{"credibility":3,"name":"https://hacken.io/insights/bonqdao-hack/","type":"other","url":""},{"credibility":3,"name":"https://medium.com/immunefi/hack-analysis-bonqdao-february-2023-ef6aab0086d6","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/bonq-rekt","type":"other","url":""},{"credibility":3,"name":"https://omniscia.io/reports/bonq-borrowing-protocol/","type":"other","url":""},{"credibility":3,"name":"https://hacken.io/insights/bonqdao-hack/","type":"other","url":""},{"credibility":3,"name":"https://blockapex.io/bonqdao-hack-analysis/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cointelegraph.com/news/lack-of-liquidity-mitigated-damages-to-bonqdao-exploit-report","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/business/2023/02/01/allianceblock-token-plunges-51-after-5m-exploit","type":"other","url":""},{"credibility":3,"name":"https://medium.com/allianceblock/allianceblock-issues-statement-in-response-to-bonqdao-hack-6510a61fcf5c","type":"other","url":""},{"credibility":3,"name":"https://blocksec.com/blog/bonq-dao-exploited-on-polygon-120-m-stolen-due-to-flawed-logic","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/bonqdao","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://blog.3adao.org/introducing-bonqdao-2-0-our-journey-to-relaunch-the-protocol-2f761dffc024","type":"other","url":""},{"credibility":3,"name":"https://www.3adao.org","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/bonqdao","type":"other","url":""},{"credibility":3,"name":"https://medium.com/allianceblock/allianceblock-issues-statement-in-response-to-bonqdao-hack-6510a61fcf5c","type":"other","url":""},{"credibility":3,"name":"https://paragraph.com/@bonqdaoblog","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.linkedin.com/in/michalbacia/","type":"other","url":""},{"credibility":3,"name":"https://theorg.com/org/finsera/org-chart/delia-sabau","type":"other","url":""},{"credibility":3,"name":"https://www.youtube.com/watch?v=3CWUGMVwcFw","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/bonq-rekt","type":"other","url":""},{"credibility":3,"name":"https://blocksec.com/blog/bonq-dao-exploited-on-polygon-120-m-stolen-due-to-flawed-logic","type":"other","url":""},{"credibility":3,"name":"https://hacken.io/insights/bonqdao-hack/","type":"other","url":""}]}],"sources_used":[{"credibility":2,"name":"BonqDAO — REKT News","type":"news_article","url":"https://rekt.news/bonq-rekt"},{"credibility":2,"name":"BonqDAO Exploited on Polygon: $120M Stolen Due to Flawed Logic — BlockSec","type":"research","url":"https://blocksec.com/blog/bonq-dao-exploited-on-polygon-120-m-stolen-due-to-flawed-logic"},{"credibility":2,"name":"Explained: The BonqDAO Hack (February 2023) — Halborn","type":"research","url":"https://www.halborn.com/blog/post/explained-the-bonqdao-hack-february-2023"},{"credibility":2,"name":"The BonqDAO Price Oracle Hack Explained — Hacken","type":"research","url":"https://hacken.io/insights/bonqdao-hack/"},{"credibility":2,"name":"Hack Analysis: BonqDAO, February 2023 — Immunefi","type":"research","url":"https://medium.com/immunefi/hack-analysis-bonqdao-february-2023-ef6aab0086d6"},{"credibility":1,"name":"AllianceBlock Token Plunges 51% After $5M Exploit of Bonq DAO — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2023/02/01/allianceblock-token-plunges-51-after-5m-exploit"},{"credibility":1,"name":"Lack of liquidity mitigated damages to BonqDAO exploit: Report — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/lack-of-liquidity-mitigated-damages-to-bonqdao-exploit-report"},{"credibility":2,"name":"AllianceBlock Issues Statement in Response to BonqDAO Hack — AllianceBlock/Nexera Medium","type":"official","url":"https://medium.com/allianceblock/allianceblock-issues-statement-in-response-to-bonqdao-hack-6510a61fcf5c"},{"credibility":2,"name":"Omniscia Bonq Borrowing Protocol Audit","type":"research","url":"https://omniscia.io/reports/bonq-borrowing-protocol/"},{"credibility":2,"name":"BonqDAO TVL — DeFiLlama","type":"on_chain","url":"https://defillama.com/protocol/bonqdao"},{"credibility":2,"name":"Introducing 3A DAO: Our Journey to Relaunch the Protocol","type":"official","url":"https://blog.3adao.org/introducing-bonqdao-2-0-our-journey-to-relaunch-the-protocol-2f761dffc024"},{"credibility":2,"name":"BonqDAO Hack Analysis — BlockApex","type":"research","url":"https://blockapex.io/bonqdao-hack-analysis/"},{"credibility":3,"name":"Michal Bacia LinkedIn — Chief Economist at BonqDAO","type":"other","url":"https://www.linkedin.com/in/michalbacia/"},{"credibility":3,"name":"Delia Sabau — The Org (Finsera Advisor profile)","type":"other","url":"https://theorg.com/org/finsera/org-chart/delia-sabau"}],"summary":"BonqDAO was a Polygon-based decentralized lending protocol that launched in December 2022, offering zero-interest borrowing against crypto collateral with a native euro-pegged stablecoin (BEUR). On February 1, 2023, the protocol suffered a critical oracle manipulation exploit in which an attacker staked approximately $175 worth of TRB tokens to manipulate the Tellor price feed for the WALBT collateral token, minting 100 million BEUR against near-zero collateral and liquidating other users for an additional 113 million WALBT, resulting in nominal losses of approximately $120 million. BonqDAO's TVL fell by over 99% following the attack; a successor protocol (3A DAO) was subsequently launched by the team but BonqDAO itself remains effectively defunct.","timeline":[{"date":"2022-12-15","event":"BonqDAO launches on Polygon as a zero-interest lending protocol with BEUR euro-pegged stablecoin.","source":""},{"date":"2023-02-01","event":"Attacker (0xcacf2d28b2a5309e099f0c6e8c60ec3ddf656642) manipulates TellorFlex oracle for WALBT, minting 100 million BEUR and liquidating 30+ user troves to collect 113.8 million WALBT. Nominal losses estimated at $120 million.","source":""},{"date":"2023-02-01","event":"AllianceBlock pauses bridge activity and issues public statement clarifying its own contracts were not breached. ALBT token price falls more than 51%.","source":""},{"date":"2023-02-03","event":"Attacker begins laundering approximately 1,105 ETH through Tornado Cash. BEUR falls to $0.15 low.","source":""},{"date":"2023-02-03","event":"BonqDAO's TVL falls from approximately $13 million to under $44,000 — a 99.6% decline.","source":""},{"date":"2023-02-27","event":"BonqDAO launches community governance vote on protocol recovery plan.","source":""},{"date":"2023-03-05","event":"BNQ governance vote concludes with community support for reboot and executive team. AllianceBlock begins ALBT airdrop compensation for affected users.","source":""},{"date":"2023-05-17","event":"Team publishes announcement of 3A DAO as successor lending protocol, describing the relaunch journey.","source":""},{"date":"2024-02-16","event":"3A DAO announces collaboration with Constellation Network (DAG), indicating continued successor protocol development.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision cec7f2d9-de0a-4537-989c-939b09a04609
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.