A smart contract delay between a governance vote passing and the approved changes taking effect. Gives users time to exit if they disagree with changes. Typical delays: 24-72 hours.
A smart contract delay between a governance vote passing and the approved changes taking effect.
Gives users time to exit if they disagree with changes.
Typical delays: 24-72 hours.
This is a key building block of decentralized finance. Understanding it helps you navigate DeFi protocols safely, evaluate yield opportunities, and avoid common pitfalls.