Sui: Supports the Cetus upgrade protocol but will forgo voting, requiring Cetus to fully compensate users.

robot
Abstract generation in progress

According to BlockBeats news, on May 24, Sui officials posted on social media stating that earlier today, Cetus initiated a community voting proposal to return frozen funds through a protocol upgrade (without rolling back on-chain records or revoking transactions). This is a special request under special circumstances—concerning the asset security of Cetus users. After careful consideration, the Sui team decided to support its on-chain voting proposal but with two additional conditions: · Sui officials will remain neutral on the voting results and waive their voting rights; Sui's responsibility is to design and execute a decision-making process that reflects the collective will of the Sui community (the specific plan and code will be announced soon) · Cetus must publicly commit to using all financial resources to recover the assets until all users receive full compensation.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)