๐๐ฎ๐ข ๐๐๐๐ค๐ฌ ๐๐๐ญ๐ฎ๐ฌ ๐๐ฉ๐ ๐ซ๐๐๐โ๐๐ฎ๐ญ ๐๐๐ฆ๐๐ง๐๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ฌ๐๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฌ๐๐ญ๐ข๐จ๐ง
โ Sui has officially supported Cetusโs proposal to upgrade its protocol and unlock frozen customer fundsโbut with two major conditions.
๐๐ก๐๐ญ ๐๐๐ฉ๐ฉ๐๐ง๐๐?
Cetus initiated a community vote to change its protocol, aiming to return frozen funds without reversing on-chain history or transactions. The move was triggered by urgent customer fund risks.
๐๐ฎ๐ขโ๐ฌ ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐:
โก๏ธ Supports the voting process in principle
โก๏ธ Gives up all official voting rights to remain neutral
โก๏ธ Will provide the technical framework for fair, transparent voting
โก๏ธ Demands Cetus commit to using all available resources to fully compensate affected users
๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ:
This approach preserves the integrity of Suiโs on-chain history while letting the community decideโbut puts full pressure on Cetus to deliver restitution without delay.
Sui emphasized:
"Our role is to build processes that reflect the collective willโnot influence it."
Bottom Line:
Sui is balancing decentralized governance with user protection, placing the burden of recovery on Cetus while letting the community lead the decision-making.
Next step: All eyes on the voteโand Cetusโs response.