Risk Management and Security Measures
Oversight and Emergency Measures
Fathom DAO employs continuous oversight through dedicated committees to monitor and manage risks. In case of emergencies, predefined protocols allow for quick and effective responses, including temporary pauses in operations and activating security measures to protect the protocol and its assets.
Updating and Upgrading Governance Protocols
Governance protocols are regularly reviewed and updated to adapt to new challenges and opportunities. This includes implementing security patches, enhancing smart contract functionality, and ensuring compliance with industry best practices. Community members are involved in the decision-making process through proposals and votes, maintaining transparency and collective responsibility.
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