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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 SparkLend Freezer Mom contract allows Sky Governance to bypass the GSM delay to either freeze or pause any markets in SparkLend. The contract also allows the undoing of such actions for any market in SparkLend.This functionality allows Sky Governance to react faster in an emergency. Freezing markets does not allow for new supplies or borrows, while pause restricts all market functionality, including deposits/withdrawals/borrows/repays and liquidations.