DRESS Token Upgrade Completed — V7 & Timelock Governance Now Live

Hello DRESSdio community,

We are pleased to officially confirm that the DRESS token mainnet upgrade to V7, together with Timelock governance, has been successfully completed.

All upgrade phases have been executed, verified on-chain, and the governance control of the DRESS protocol is now secured by a time-delayed, on-chain governance system.

This marks a major milestone in the long-term security, transparency, and institutional readiness of the DRESS ecosystem.

What was completed

1) DRESSV7 is now live

The DRESS token logic has been upgraded through the existing proxy contract.

• Token balances remain unchanged
• Total supply remains 2,000,000,000 DRESS
• Trading and transfers continue as normal

Only the internal governance and security logic has been improved.

DRESS Token (Proxy)
0xE6800Cf598015A3Ec5DD534f328F349da239bC78
https://polygonscan.com/token/0xE6800Cf598015A3Ec5DD534f328F349da239bC78

DRESSV7 Implementation
0x954D80e54C9711A004f0f99c6Dd338DC5F9b4a0d
https://polygonscan.com/address/0x954D80e54C9711A004f0f99c6Dd338DC5F9b4a0d

2) Timelock Governance is now active

The ownership of the DRESS contract has been transferred from the Gnosis Safe to the Timelock Controller.

Timelock Controller
0x055CA9E5209D2B823122BCc113354177DCa23cad
https://polygonscan.com/address/0x055CA9E5209D2B823122BCc113354177DCa23cad

Key governance parameters

• Min Delay: 24 hours (86,400 seconds)
• Proposer: Gnosis Safe (2-of-3 multisig)
• Executor: Anyone
• Admin: Timelock itself

This means all sensitive actions — including contract upgrades, role changes, and minting — must now go through:

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schedule → 24-hour delay → execute

No immediate or hidden changes are possible.

What this upgrade improves

With V7 and Timelock governance now live, DRESS has moved to a fully on-chain, time-delayed governance architecture, comparable to those used by leading DeFi and infrastructure protocols.

This significantly reduces risks from:

• compromised private keys
• unexpected upgrades
• administrative misuse
• non-transparent governance

It also provides exchanges, auditors, and institutional partners with a clear, verifiable security model.

No impact on users

• No token migration
• No balance change
• No economic changes
• Trading and transfers continue normally

This was a pure governance and security upgrade.

Final note

This upgrade establishes a strong and transparent foundation for the future of the DRESS ecosystem.
We sincerely thank our community, partners, and exchanges for their trust and cooperation during this process.

— DRESSdio Team