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Polygon proposes PIP-93 to create unified security council

NewsFeeds update

Polygon's draft PIP-93 would merge the Protocol Council and Polygon PoS and AggLayer multisigs into a Polygon Security Council of 11 signers from 10 institutions, using an 8-of-11 threshold and a seven-day timelock. It would replace the PIP-29 structure.

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The story so far: Polygon PIP-93 governance proposal

Polygon published draft governance proposal PIP-93, which would merge its councils and multisigs into a Polygon Security Council of 11 signers with an 8-of-11 threshold and a seven-day timelock, replacing PIP-29. The draft would also let a five-of-nine Polygon Labs Operations multisig propose routine bridge…

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