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The Governance Scope regulates the governance processes and balance of power of the Sky Ecosystem. The Governance Scope must ensure that the resilient equilibrium of Sky Governance remains protected against all potential direct and indirect threats.
This Article defines a general emergency response protocol for managing emergencies or urgent situations outside of the standard Weekly Governance Cycle and Monthly Governance Cycle.
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The Sky Protocol has often required changes outside of the standard Weekly Governance Cycle and Monthly Governance Cycle to help maintain the peg or to quickly respond to changes in the Ecosystem. This Section defines a general protocol for handling emergency or urgent situations. governs the resolution of emergency / urgent situations involving the Executive Process.
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An emergency situation is any situation that would require immediate intervention to prevent initiation of Emergency Shutdown, severe peg divergence, or harm to members and users of the Ecosystem.Pursuant to , the Facilitators have broad discretion to apply the emergency-situation processes defined in to urgent situations. Urgent situations are defined as any situation that involves a time-sensitive matter that would need an expedited governance process, where following a standard governance cycle would be too slow, risk a larger problem, or constitute an important missed opportunity.