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WLFI: Protocol governance power will be fully controlled by a multisig during security risks or major adverse events
BlockBeats News, August 30th. According to the official website, World Liberty Financial (referred to as the WLF Protocol) stated in a governance declaration that the WLF Protocol or any related protocols may experience "significant adverse events," referring to any event that hinders the normal operation of the WLF Protocol or any related protocols as intended and for a prolonged period, or "security risks," referring to any event that causes the WLF Protocol to cease operating or endanger the security of users using the WLF Protocol.
During a significant adverse event or security risk period, governance control of the WLF Protocol will be entirely controlled by a multi-signature until normal WLF Protocol governance operations can be restored.
Previously reported, the WLFI token's unlocking is set to officially commence at 8:00 AM EST on September 1st, and the relevant functionality page is now live.
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