Contract upgrade
A change to a contract system’s behavior through a mechanism designed to allow it.
In more detail
Deployed code isn't usually edited like a page on a website. An upgrade may switch a proxy's implementation or move users to a new contract. That can fix bugs and add features, but the upgrade process is part of the trust model: its permissions, delays and oversight affect what users are relying on.
How you might use it
A governance proposal schedules a new implementation, giving users time to read the changes before the proxy begins using it.
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