video1.0<iframe src="https://www.loom.com/embed/8c47272036ce4e2d98b34133e67b0637" frameborder="0" width="2560" height="1920" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>19202560Loomhttps://www.loom.com19202560https://cdn.loom.com/sessions/thumbnails/8c47272036ce4e2d98b34133e67b0637-1696888368948.gif1625.9380030709995In this video, we explain the reasons behind the proposed governance changes for the 3.0.0 release of V1 of the protocol. We discuss the need to update mechanisms, address inefficiencies, and improve the rebalancing process. We also explain how the new contracts are deployed and verified on-chain, and how participants can verify the code and access audit reports. Additionally, we cover the process of upgrading proxies and logic, updating the basket, and setting the warm-up period.