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*Corrected* Change multi-sig time lock from 48h to lower time frame

Voting ended over 5 years agoFailed

Motivation:

5-of-7 multi-sig we currently have is enough of a mitigation of malicious behaviour by any one party or even a colluding group, as our community reps are distributed across continents and their interests have been in line to this day.

However, we need to move quickly in getting the platform back up and running, so the current 48h seems like an overkill that hampers quick protocol updates, so much needed right now.

Proposal:

Change the time lock delay time to one of the following options:

Off-Chain Vote

Reduce to 12 hour TimeLock
0 0%
Reduce to 24 hour TimeLock
0 0%
Do nothing
0 0%
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Timeline

Oct 20, 2020Proposal created
Oct 20, 2020Proposal vote started
Oct 21, 2020Proposal vote ended
Oct 26, 2023Proposal updated