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Intersect - Civics Committee
Intersect - Civics Committee
  • ABOUT
    • Cardano Civics Committee (CCC)
    • Committee Members
    • Cardano Civics Committee Governance
    • Focus Areas
    • Civics Committee Budget Guidance
    • Working Groups
    • How to Join or Contact Us?
  • Meeting Minutes
    • 2023 Civic Meeting Minutes
      • Civics Meeting Minutes October 5, 2023
      • Civics Meeting Minutes October 26, 2023
      • Civics Meeting Minutes November 16, 2023
      • Civics Meeting Minutes December 7, 2023
    • 2024 Civics Meeting Minutes
      • Civics Meeting Minutes January 18, 2024
      • Civics Meeting Minutes February 8, 2024
      • Civics Meeting Minutes February 29, 2024
      • Civics Meeting Minutes March 21, 2024
      • Civics Meeting Minutes April 25, 2024
      • Civics Meeting Minutes May 23, 2024
      • Civics Meeting Minutes June 13, 2024
      • Civics Meeting Minutes July 18, 2024
      • Civics Meeting Minutes September 05, 2024
      • Civics Meeting Minutes September 26, 2024
      • Civics Meeting Minutes October 17, 2024
      • Civics Meeting Minutes November 7, 2024
    • 2025 Civics Meeting Minutes
      • Civics Meeting Minutes January 09, 2025
      • Civics Meeting Minutes January 30, 2025
      • Civics Meeting Minutes March 13, 2025
      • Civics Meeting Minutes April 3, 2025
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On this page
  • Governance guardrails working group update
  • Cardano Treasury budget process
  • All Other business
  1. Meeting Minutes
  2. 2023 Civic Meeting Minutes

Civics Meeting Minutes November 16, 2023

Governance guardrails working group update

  • Governance guardrails are non-protocol parameter limits we may want for the safety of the system.

  • Topics to explore guardrails for included:

    • Treasury withdrawals, the need for a budget, governance principles like immutability that may be useful guides, reviewing security risks, corruption/populism capture, future interactions from sidechains/ISPOs

  • The working group spent time in this committee meeting continuing discussions about governance guardrail categories.

Cardano Treasury budget process

  • The need for a budget process was discussed

  • There was recognition that a separate committee would need to define with budget input across existing committees. This included the notion of defining if outside investment may be needed as part of the process and also for this committee to also consider alternative funding sources.

  • This will require agreement on the philosophy of the use of the treasury - as a sovereign fund that only uses income, vs as a fund to be depleted.

All Other business

  • A proposal was made for the committee to map the Cardano ecosystem and enable “seeing” the thing that’s being governed. There was general agreement that this could fit in the Civics committee, and it was added to the backlog of topics to consider for 2024.

  • The Civics committee wants to get in front of the community more as a committee

  • The committee discussed the general disagreement with holding a CIP-1694 temperature check that excludes hardware wallets

PreviousCivics Meeting Minutes October 26, 2023NextCivics Meeting Minutes December 7, 2023

Last updated 7 months ago