Smart contract is managed by Defirex platform users
The project has an open smart contract that is controlled by platform users, with a deposit of more than 50,000 DAI. Users with such a deposit are eligible for multi-signature.
Neither the project team, nor anyone else have access to the funds of the smart contract. The project team proposes changes and money management options, and platform users can approve or reject them using their multi-signature. Any update must be confirmed by more than 60% of multi-signature holders.
Any changes will take effect 48 hours after the vote
If the proposed changes do not correspond to the interests of the user, the user has the opportunity to move his own funds before activation. Since updates to a smart contract come 48 hours after its confirmation, which is a completely secure TimeLock model. All updates are published on the site.
DeFireX: https://defirex.org
