Hey everyone! Governance Committee updates from the past few weeks below:
Announcements
- Due to little activity on the forum post discussing adjusting certain governance parameters, the Governance Committee has decided to only implement one of the suggestions listed in the post - to upgrade the voting delay from 1 block to 24 hrs. Increasing the voting delay was strongly recommended by the Scopelift team, and we feel is a critical security upgrade that should be included.
- The Q2 2024 Radworks Community Call is coming up on Wednesday, July 24th at 4pm CET / 10am ET. Join to hear updates from each of the Orgs on the past quarter, as well as plans for the upcoming quarter! Find call details here!
Governance Proposals
Past Proposals
- There were no active proposal in the June cycle.
Active in Current Cycle
- [RGP-17] Upgrade Governance Contracts to OZ Governor: This proposal will execute the upgrade Radworks’ current governance contracts from Compound Governor Alpha to Open Zeppelin Governor with the assistance of the ScopeLift team. This upgrade will introduce more security and modularity into the governance system! The initial proposal approving this work passed in October 2023.
Upcoming Proposals
- There are no known upcoming proposals for the August cycle to call out here.
Governance Initiatives
- We have been focused on preparing for the proposal to upgrade to OZ Governor and coordinating with Scopelift to make sure everything runs smoothly!
- We have been working on drafting risk management policies to track suspicious governance activity to help spot potential governance attacks.
- We have been working with the Better Internet Foundation to find a path forward for a potential Security Council that could veto a malicious proposal attacking the Radworks treasury or governance system.
Team Updates
- We are sadly not in Brussels this week, but wish everyone a fun-filled EthCC!
We will see you at Devcon.
Stay rad(works)! - Shelby & Abbey