TechFlow, August 30 — According to its official website, World Liberty Financial (short for WLF Protocol) stated in a governance announcement that the WLF Protocol or any related protocols may experience a "material adverse event," defined as any event that prevents the WLF Protocol or any related protocol from functioning normally and as intended for an extended period, or a "security risk," defined as any event that causes the WLF Protocol to cease operations or jeopardizes users' safe use of the WLF Protocol.
During a material adverse event or security risk, governance control of the WLF Protocol will be fully managed by a multi-signature until normal WLF Protocol governance operations can be restored.
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