About upgradeable contracts:
Proxy contracts execute the code of logic contracts via delegatecall, and the code runs in the storage context of the proxy contract itself.
Upgradability allows projects to fix vulnerabilities and launch new features, but users must trust that the party holding upgrade permissions won’t make unauthorized changes or lose their private key.
$ETH 2420.64（-3.62%）
#ETH
Proxy contracts execute the code of logic contracts via delegatecall, and the code runs in the storage context of the proxy contract itself.
Upgradability allows projects to fix vulnerabilities and launch new features, but users must trust that the party holding upgrade permissions won’t make unauthorized changes or lose their private key.
$ETH 2420.64（-3.62%）
#ETH