Governance: Rotation Delay

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)
    • time required to meet the Round-2 thresholds (which could be short once voting begins)
    • 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.