Over the past several months, the composition of our canceller signers has not kept pace with the evolving makeup of the TrueFi community. A number of the current signers are no longer active participants, which creates challenges around timely responses when urgent action is required.

While it remains important to have independent participants serving as signers, it is equally critical that those individuals are engaged members of the community who can be relied upon to respond promptly. To that end, I propose we update the slate of signers to reflect the current set of Board members as outlined in TFIP-16.

Proposed New Slate of Canceller Signers

Ferengi [Board Member]

Krysh Patel [Board Member]

Romain Rechtman [Board Member]

Stefan Tanase [TrueFi Finance)

Sebastien Davies [Board Member]

This proposal is intended to ensure that the canceller remains both independent and functional, with signers who are present and responsive.

Next Governance Steps

As the proposals does not fall under the simplified governance exemptions, the proposal will require the following steps:

Snapshot Vote: A 48-hour Snapshot vote will be conducted with the options: “OK to vote on Tally,” “Not OK to vote on Tally,” and “Abstain.” At least 5% of staked TRU must participate in this Snapshot vote to meet the quorum.

Amendment Period: If the 5% quorum is met, with a majority negative vote, a 72-hour period will follow to allow for any amendments or discussions before the proposal is posted to Tally.

Tally Vote: Otherwise, the proposal will be posted to Tally for the final vote.