Safety measures
To bolster security and reduce risk exposure, we have made critical changes to admin privileges. Here’s a summary of the recent updates:
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To bolster security and reduce risk exposure, we have made critical changes to admin privileges. Here’s a summary of the recent updates:
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The original deployer has officially renounced administrative rights. This step ensures that no single account holds excessive control, which is crucial for maintaining a secure and decentralized environment.
Admin rights have been transferred to a multisignature (multisig) wallet, which requires multiple signatures for transactions. This change significantly increases security by distributing control among several parties.
The multisig now holds the roles of rolePoolAdmin and EmergencyAdmin. The previous roles held by the deployer have been removed and reassigned to the multisig to ensure that all administrative actions are governed by a consensus, thus enhancing the security framework.
Decentralization of Control: By moving admin roles to a multisig, we ensure that no single entity can make unilateral decisions that affect the system's integrity.
Increased Security Protocols: The requirement for multiple confirmations prevents unauthorized or malicious changes, safeguarding our network against potential vulnerabilities.