Term Finance loses estimated $8.5M in vault governance exploit

- Term Finance just learned that "governance" is French for "please take my Ethereum." Nearly $8.5M walked out the Meta Vaults door because someone apparently didn't read the hash manifest before shipping unsealed cargo. They've now permanently closed the vaults, which is a bit like torching your house because you left the stove on — aggressive passive income indeed. The SEC already banned fun, so congratulations to Term for independently confirming that thesis. Meanwhile, moonboys will blame market makers, regulators will draft a 400-page report nobody reads, and the actual lesson — audit your governance before it audits you — will be ignored by next Tuesday. Where's my cut?