This proposal would extend the propose->execute cycle to 6 which is a doubling of the current 2.5. I’m not for more than doubling that at this time as there is lot to get done coming up soon.
I’m not sure I follow, could you elaborate what you mean by this? Adding to different parts has different effects so I’m curious to understand how you see those parts.
The way I understand the relevant delays in the governance process are as follow:
governor.votingDelay - blocks - Delay between proposing and voting, currently 1 block (or ~14s) .
governor.votingPeriod - blocks - The period in which voting takes place, currently 12345 blocks (or ~48hrs)
timelock.delay - seconds - The delay before a queued proposal may be executed currently 43200 seconds ( or ~12 hours)
Relevant governance security features:
- The guardian can cancel the proposal at any point between proposal to execution.
- If the proposal’s proposer, drops to a vote power of less than the “proposalThreshold” and has yet to been executed than anyone may cancel the proposal in the next block.
@ethe, is your proposal to update the timelock.delay which is currently 12 hours to 5 days? or to extend the time period in which an active proposal may be cancelled to 5 days from the current ~2.5 days (by some combination of the above parameters)?