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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.
Emergency response is coordinated by the Emergency Response Group (”ERG”). The Emergency Response Group is a group of Facilitators, Aligned Delegates, and Ecosystem Actors that include domain experts in different areas of the Sky Ecosystem. The Emergency Response Group is tasked with reacting to emergency scenarios that are critical to the survival of the Sky Protocol.
The membership of the Emergency Response Group may change at the discretion of Scope Facilitators, and as circumstances require. Generally, the Emergency Response Group should contain domain-expert Ecosystem Actors as well as governance decision-makers. The group must be able to diagnose a situation, suggest a short-term mitigation and act on such mitigation. The group should also be able to define the path forward for a long-term solution to the problem and act on it.