1/4 🧵
There's been a lot of fuss around the recent #Solend DAO vote, with lots of discussion about what a protocol should be able to change about its #Solana smart contract.
There's been a lot of fuss around the recent #Solend DAO vote, with lots of discussion about what a protocol should be able to change about its #Solana smart contract.
2/4
We think the more important question is: Who controls those changes? How can you be sure your funds won't just be taken by an authority or a DAO?
We think the more important question is: Who controls those changes? How can you be sure your funds won't just be taken by an authority or a DAO?
3/4
There are many different ways of managing your program upgrade authority, and they are all subject to a trade-off between decentralization, security and ease of upgrading.
There are many different ways of managing your program upgrade authority, and they are all subject to a trade-off between decentralization, security and ease of upgrading.
4/4
In our latest blog post, we give you the tools to make informed decisions on how to keep your money safe:
blog.neodyme.io/posts/solana_u…
In our latest blog post, we give you the tools to make informed decisions on how to keep your money safe:
blog.neodyme.io/posts/solana_u…
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