A smart contract mechanism that enforces a waiting period before certain actions take effect.
A smart contract mechanism that enforces a waiting period before certain actions take effect. In DeFi governance, timelocks give users time to review and react to proposed changes before they execute. If a malicious governance proposal passes, the timelock gives users time to withdraw funds.
The process of making decisions about a protocol's development and direction.
Self-executing code stored on a blockchain that runs when conditions are met.
An organization run by code and governed by token holders instead of a traditional management structure.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
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