Neutron DAO passes proposal as reported crypto losses reach $9.3 million

Neutron voters passed proposal #9 on Sept. 22. The proposal was titled "AIATO: AI Agent Takeover. Phase 1: Agent Admin Registration." The chain explorer listed 11 "Update Admin" actions. SlowMist recorded estimated losses of $4.9 million at Astroport. SlowMist recorded estimated losses of $4.4 million at Drop. The combined estimate was $9.3 million. Neutron's governance documentation calls the DAO the network's highest governing authority. The documentation describes the DAO's power to execute messages through governance. The governance process can change control of a contract administrator. Users may experience Astroport and Drop as separate services. Protos reported on Sept. 23 that network halts stranded most initially affected assets. Protos reported that the attacker had extracted about one-fifth at that time. The reported extraction share measures movement beyond halted networks. It differs from the incident estimates for application funds. The final recovery amount remains unsettled. Determining that amount requires knowing which assets remain contained, which have been restored, and which have left defenders' reach. The unresolved issue for affected users is how much of the reported value can be returned.