Polygon draft proposes integrating the security council and adjusting contract upgrade permissions

Polygon’s draft governance proposal PIP-93 would consolidate its existing security council and multisig structure while letting Polygon Labs propose bridge and staking contract upgrades through a separate multisig subject to a 7-day delay. The new security council would have 11 signers from 10 organizations and an 8-of-11 threshold, with authority to cancel queued transactions and propose and immediately execute changes. The Polygon Labs multisig would use a 5-of-9 threshold and could not bypass the upgrade delay. The proposal remains in draft form, with more details scheduled for the November 5 protocol governance meeting.