Recently noticed that the Kamino protocol is working on a code upgrade, and I heard they are deploying a 5-layer or even 10-layer multisignature mechanism. This change is interesting — on the surface, it seems to enhance security, but it also means that the withdrawal process may become more complicated.

The market value of this project is about to reach 200 million, and the TVL data is also decent, with a considerable number of users. However, to be honest, it's difficult for ordinary users to determine whether the adjustments to the underlying permission structure are beneficial or detrimental.

Personal suggestion: If you have invested a considerable amount of funds in Kamino, you might consider withdrawing them for a while and observing the situation. Wait until the project team clarifies the specific plan and the community's reaction becomes clear before deciding whether to continue participating. After all, in DeFi, the safety of funds always comes first.