According to ChainCatcher, World Liberty Financial (WLF Protocol) stated in its governance statement that the WLF Protocol or any related protocols may experience a "significant adverse event," which refers to any event that prevents the WLF Protocol or any related protocols from functioning normally and as expected and lasts for a long time, or a "security risk," which refers to any event that causes the WLF Protocol to cease functioning or endangers the user's safe use of the WLF Protocol.
During a major adverse event or security risk, governance control of the WLF protocol will be fully controlled by the multisig until normal WLF protocol governance operations can be restored.
