Sui: Support Cetus upgrade agreement but give up voting rights, Cetus must compensate users in full

PANews reported on May 24 that Sui tweeted that earlier today, Cetus called on the community to vote to upgrade the protocol to return frozen funds without rolling back on-chain history or reversing transactions. This is a special request for a special need (Cetus's customer funds are at risk). After consideration, the Sui team decided to support its on-chain voting proposal, but with two conditions: Sui officials will remain neutral on the voting results and give up official voting rights. Sui's responsibility is to design and implement a decision-making process that reflects the collective will of the Sui community (specific plans and codes will be announced soon); Cetus is required to publicly commit to mobilizing all financial resources to restore funds until all customers' funds are fully returned.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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