HyperLend launches new Veto Council to enhance protocol security
Foresight News reported that the lending protocol HyperLend on HyperEVM has announced the launch of the Veto Council, aimed at continuously enhancing and optimizing the protocol’s security measures. The Veto Council is a protection committee composed of core partners, investors, and key Hyperliquid community members. The function of this committee is to serve as a backup and can cancel queued protocol multi-signature transactions if the core team is under threat.
Meanwhile, the first season of HYPE treasury rewards will officially launch on June 26. According to the official announcement, users must maintain their positions for at least 45 days to be eligible to receive interest rewards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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