Faraday will be installed as a service if you use .deb or .rpm.
To update Faraday, please follow these instructions:
sudo service faraday-server stop
sudo apt install ./faraday-amd64.deb
sudo yum install ./faraday-amd64.rpm
In order for the update to work, these steps must be followed in every instance of Faraday.
Once you have updated Faraday, you can take a look at Faraday Server's status by running:
sudo service faraday-server status