Terra Classic proposal 12236 has passed, allowing the Bumeo wallet to upload CosmWasm code for security fixes to Juris Protocol and LuncSwap.fun without a governance vote for each upload.

Governance retains the power to revoke the permission. The change could speed delivery of needed fixes, while concentrating code-upload authority in a designated wallet. What safeguards should governance require around that authority?

$btc $eth $bnb
Not financial advice.

Follow for more crypto news and market updates.