When hearing about a protocol upgrade, many people's first reaction is: "What will happen to my assets? Do I have to migrate them manually?"

This concern is very normal. After all, during past protocol upgrades, users had to withdraw their assets from the old contract and deposit them into the new contract, which was a cumbersome and risky process. So, will Falcon's upgrade be the same way?

Two modes of protocol upgrade

1. "Moving" upgrade
Deploy a completely new contract, and users need to manually transfer their assets from the old contract to the new contract.
Just like moving from an old house to a new one, you have to pack and move everything yourself.
Advantages: Clear, thorough; Disadvantages: High user operation cost, prone to errors.

2. 'On-the-spot upgrade' mode.
Achieved through 'proxy contracts': your assets are always stored in a fixed vault (proxy contract), only the underlying business logic can be changed.
Just like your house number remains the same, but the interior decoration and facilities can be updated intelligently without moving.

Currently, mainstream protocols (including many DeFi giants) tend to prefer the second option, as it is more user-friendly and safer.

How will Falcon choose?

Given Falcon team's consistent emphasis on user experience, this upgrade will likely adopt the 'on-the-spot upgrade' mode.

This means:

  • The USDf stablecoins, staked LP tokens, and other assets you hold may not require any operation.

  • After the upgrade, your assets will continue to operate automatically under the new protocol logic.

  • You will not experience the cumbersome process of 'withdrawal-redeposit,' and avoid unnecessary gas costs.

Of course, if the upgrade involves entirely new features (like new yield strategies or cross-chain modules), you may need to authorize a signature once to activate the new features. But this is different from 'asset migration.'

As a user, what should you do now?

  1. Stay alert, don't panic.
    Everything is subject to official announcements from Falcon; do not trust any unofficial channels' 'migration guides.'

  2. Do not click on suspicious links.
    Beware of phishing websites disguised as 'upgrades,' never authorize unknown transactions.

  3. Prepare a small amount of gas fee.
    If subsequent signature authorization for new features is needed, ensure there is enough basic gas fee in your wallet.

Summary: Keep a calm mindset and wait for official guidance.

Web3 is maturing, and protocol upgrades are increasingly focused on 'seamless experience.'
This upgrade from Falcon may likely let you feel no changes at the asset level - this itself is a reflection of industry progress.

But in any case, before the official clarification, the best strategy is to stay put and remain alert.

Final reminder:
Asset security is always the priority. In the blockchain world, sometimes not acting is safer than acting recklessly. Wait for official news and be clear before taking action.@APRO Oracle #APRO $AT