Sharing ai summary for clarity/discussion.
The 72-hour execution delay applies only after approval in a ratchet round. It does not form part of the voting periods. The lowest participation threshold first becomes available only after the earlier rounds have fully elapsed without a decision.
Clear Timeline to the Absolute Minimum Threshold (Round 2)
A Type-2 proposal (signer rotation) begins in Round 0 with the strictest thresholds:
- Round 0
Active-Pillar threshold: >50%
Directional threshold: >50%
Period: 30 days
If the proposal remains undecided at the end of these 30 days (neither approval nor rejection thresholds are met), it automatically ratchets to Round 1. A fresh vote tally begins under new parameters.
- Round 1
Active-Pillar threshold: >40%
Directional threshold: >60%
Period: 14 days
If this round also ends undecided, the proposal ratchets again. At this moment — the end of Round 1 — the proposal enters Round 2, where the absolute minimum participation threshold first applies:
- Round 2 (lowest threshold)
Active-Pillar threshold: >33% floor
Directional threshold: >66%
Period: 14 days
Time required to reach the start of Round 2 (i.e., the first moment the absolute minimum threshold of >33% becomes available):
30 days + 14 days = 44 days from the original proposal submission.
Relation to the 72-Hour Execution Delay
Only once the proposal is in Round 2 can it be approved under the lowest threshold. Approval may occur at any time during Round 2 as soon as the yes/no conditions are satisfied (it does not have to wait until the end of the 14-day period).
Upon approval in Round 2, the 72-hour execution delay immediately begins. The new signer set cannot be executed until ApprovalTimestamp + 72 hours.
Therefore, in the scenario you describe — reaching the absolute minimum threshold regime for the first time — the earliest point at which a low-turnout rotation could become executable is:
- 44 days (to enter Round 2)
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- time required to meet the Round-2 thresholds (which could be short once voting begins)
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- 72 hours execution delay
The 72-hour delay sits strictly after approval and after whatever ratcheting was necessary to reach that round. It is the final safeguard specifically for ratchet-round approvals, ensuring the pending rotation remains visible on-chain for contestation before it lands.