
Philosophy, technology, and their intersection ||| Head of Governance at Arbitrum Fdn.
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Last week, the Polygon Protocol Council successfully executed its first proposal in accordance with the PIP process and ecosystem consensus. 🧵1/6
Upon deployment of the timelock contract, the address 0x0[...]01 was automatically assigned to the TIMELOCK_ADMIN_ROLE - the proposed change introduced in PIP-29 sought to remove it. https://github.com/maticnetwork/Polygon-Improvement-Proposals/blob/main/PIPs/PIP-29.md#security-considerations 🧵2/6
Having been discussed on the Polygon Protocol Governance Call #13, the change was then executed by a regular change consensus of 7/13 Council members, and an in-depth Council Report was published. You may read that report here: https://forum.polygon.technology/t/council-transparency-report-pip-29/13501 🧵3/6
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