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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.
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This Article governs the correct and secure execution of Sky Governance processes for deploying and reviewing Executive Votes. This Article must protect against all forms of attacks, disruption and accidental failure by maximizing the transparency and resilience of the Sky Executive Process.
This subdocuments herein define critical processes and requirements concerning the Governance Security Module (GSM) Pause Delay.
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The current exceptions to the GSM Pause Delay are specified in the subdocuments herein.
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The MCD_PAUSE contract manages the general governance timelock of the GSM Pause Delay; however, it also contains an in-built exception to its own rule.The executive drop functionality allows a successful governance proposal to cancel a previous governance proposal that has not yet passed the GSM Pause Delay period and been executed. As in any other situation, the new Executive proposal must be the hat proposal, meaning more SKY is voting for it than is voting for any other Executive proposal.This functionality allows Sky Governance to prevent a malicious attack on the protocol if they are able to exceed the attacker’s SKY weight before the GSM Pause Delay expires.The risk opened up by this exceptional functionality is that a malicious attacker may be able to delay or permanently block a legitimate governance proposal.