LSDx Finance: The team did not sell coins, and will adopt multi-signature management for future treasury addresses

According to reports, the All LSD Super Liquidity Agreement LSDx Finance tweeted a response to clarify the community’s red flag query, announcing the address of the fund pool, indicating that changes will be made to increase transparency and optimize management, including destroying foundry and administrator permissions in the proxy, and adopting multi-signature management for future treasury addresses.

Interpretation of this information:

The message is about the All LSD Super Liquidity Agreement LSDx Finance’s response to an issue raised by the community regarding their fund pool. In response to the issue, the finance tweeted a clarification message stating their commitment to transparency and optimal management. They announced the address of the fund pool and outlined a plan that includes destroying foundry and administrator permissions in the proxy, as well as adopting multi-signature management for future treasury addresses.

This is a positive development for the community as it shows that the finance is taking their concerns seriously and is willing to take action to address them. By transparently announcing the address of the fund pool, the finance is providing a level of accountability and allowing the community to track their activities. Additionally, the destruction of foundry and administrator permissions in the proxy will help to prevent any malicious activities from taking place.

Furthermore, the adoption of multi-signature management for future treasury addresses is a smart move for the finance as it will help to prevent any single individuals from having full control over the funds. Multi-signature management involves requiring a certain number of individuals to approve any transactions, therefore ensuring that no single individual can transfer or access the funds without the approval of others.

In summary, the All LSD Super Liquidity Agreement LSDx Finance has responded to the community’s concerns regarding their fund pool with a commitment to transparency and optimal management. They have announced the address of the fund pool, and plan to destroy foundry and administrator permissions in the proxy and adopt multi-signature management for future treasury addresses. These actions demonstrate their commitment to accountability and preventing any malicious activities from taking place.