Let’s talk about upgradeable contracts:
EIP-1967 specifies standard storage slots for proxy contracts to store the addresses of their implementation contracts and administrators, making it easier for block explorers and wallets to recognize proxy contracts.
Many protocols hand upgrade permissions over to multisigs or governance votes, and add a timelock. Upgrades are announced several days before taking effect, giving users time to withdraw.
$ETH 2418.64(-3.53%)
#ETH
EIP-1967 specifies standard storage slots for proxy contracts to store the addresses of their implementation contracts and administrators, making it easier for block explorers and wallets to recognize proxy contracts.
Many protocols hand upgrade permissions over to multisigs or governance votes, and add a timelock. Upgrades are announced several days before taking effect, giving users time to withdraw.
$ETH 2418.64(-3.53%)
#ETH