June 23, 2025 ISC Meeting

Agenda

  • Committees Update

  • ISC Actions/Update from last week

  • Board Election/ Recommendation from the Intersect Governance WG

  • Committee Funding after TW

  • AOB & Meeting Close

Attendees:

Name

Attendance

Role

Voting Seat (Y/N)

Yes

Secretary

N

Jack Briggs

Yes

Interim Executive Director

Y

Nick Cook

No

Director - Operations (Interim)

Y

YUTA

Yes

Community Member Seat

Y

Phil Lewis

Yes

Community Member Seat

Y

Sheldon Hunt

No

Community Member Seat

Y

Fred Tanaka

Yes

Community Member Seat

Y

Pedro Lucas

Yes

OSC Chair

Y

Samuel Leathers

No

Product Chair

Y

Darlington Welsh

Yes

MCC Chair

Y

Kristijan Kowalsky

Yes

CBC Chair

Y

Kevin Hammond

Yes

TSC Chair

Y

Wes Parkison

No

GMC Chair

Y

Nicolas Cerny

Yes

Interim CCC Chair

Y

Christian Taylor

No

Head of OSO

N

Lorenzo Bruno

Yes

Head of Product

N

Matt Davis

No

Head of Tech Operation

N

Duncan Soutar

Yes

Secretary of TSC

N

Lloyd Duhon

Yes

Secretary of Budget Committee

N

Larisa Mcfarlane

Yes

Secretary of CCC

N

Terence McCutcheon

No

Secretary of OSC

N

Additional Attendees:

Kyle Solomon - Observer

Thiago Nunes - Observer

Discussion/Action:

1. Committee Updates

The meeting opened with updates from the various committees, following a new agenda structure where committee updates are prioritized to facilitate cross-committee collaboration.

  • Civics Committee is developing OKRs for 2025 through a series of workshops. They launched a dedicated X (Twitter) account and are exploring best practices for content access and hosting Spaces. The committee will define social media access guidelines, emphasizing security and appropriate delegation of responsibilities.

  • Budget Committee is engaged in:

    • A cleanup and revision of internal documentation and charters, to be submitted to the board for approval.

    • A retrospective analysis of the 2025 budget process to inform the 2026 cycle. The committee aims for broad stakeholder engagement through surveys, workshops, and outreach, involving both on-chain actors and off-chain contributors.

    • Members emphasized the importance of updating only internal process elements, not the broader governance structure.

  • Technical Steering Committee (TSC) shared updates on several initiatives:

    • Coordination with the Product and Growth Committees to align remits and priorities.

    • Plans to broaden the Hydra working group into a Layer 2-focused group.

    • A proposal to increase Plutus memory limits is underway, pending the constitutionally required three-month notice period.

    • A potential intra-era hard fork is being evaluated, with discussions to begin in 2–3 months after development matures.

  • Membership and Community Committee (MCC) is onboarding new members and exploring a credentials working group tied to membership verification and the portal. Further coordination with Intersect support is being planned.

  • Product Committee is continuing work on the 2030 vision, collecting feedback from founding entities and node teams. A draft vision template has been created to formalize insights. Committee members emphasized that the visioning process is ongoing and iterative.

  • Open Source Committee (OSC) has launched new developer advocate applications and is refining its maintainer retainer program. A key concern raised was defining the scope and depth of oversight over funded proposals, especially regarding technical assessments.

2. ISC Action Items / Update from Last Week

  • A decision-making framework proposal will be reviewed and discussed in the Governance WG before being brought back to the ISC.

  • A consultant transition plan has been finalized and will be presented to the board on Thursday.

  • ISC members were invited to present updates to the board. Two members volunteered and will participate during the dedicated 15-20 minute board session.

3. Treasury Withdrawal Execution Planning

Updates were shared regarding the readiness to submit 39 individual treasury withdrawal actions:

  • Smart contract testing on mainnet has been completed.

  • Metadata templates for each withdrawal are being prepared.

  • A clarification was provided on the role of "info actions" in the constitution. Although not strictly required, an info action summarizing the withdrawal plan may still be submitted for transparency.

  • There was alignment that the withdrawals should reference the approved budget action and include validation steps to ensure fund recipients match approved entities.

  • Submission is tentatively scheduled for epoch 567 (early next week), pending board approval on Wednesday.

  • A communication plan will be developed and coordinated with the Budget Committee post-board approval.

4. Board Election Recommendation from Intersect Governance Working Group

  • The Governance WG presented a recommendation for the upcoming board election:

    • Suggests restricting voting to members who have held membership for at least 3 months prior to the election.

    • Give one or more options for anyone that joined after the cut-off to be verified (ex. Proof of Life, identity verification etc.)

    • Emphasized risks related to vote-buying and the need for minimal friction to retain voter participation.

  • The proposal received broad support from ISC members and will be presented to the board on Thursday.

5. Deferred Item

A discussion on 2025 committee funding after treasury withdrawal was deferred to the next meeting due to time constraints.

Next Steps / Action Items:

  • Governance WG to continue refining the decision-making framework.

  • ISC representatives to participate in Thursday’s board meeting to present key updates and priorities from the respective committee.

  • `intersect Governance WG’s election recommendation to be formally reviewed by the board this week.

  • Committee funding topic to be added to the next ISC agenda.

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