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Polygon proposes reworking smart contract upgrade authority

NewsFeeds update

Polygon published draft governance proposal PIP-93, which would let a Polygon Labs Operations multisig of five of nine signers propose routine bridge and staking contract upgrades under a seven-day timelock, while the security council keeps power to cancel or execute. It was listed for a protocol governance meeting on 5 November.

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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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  1. Polygon proposes reworking smart contract upgrade authority

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