May 05, 2025 ISC Meeting
Agenda:
Meeting Introduction
Board Updates & Organizational Changes
ISC Actions/Update from last week
Monthly leadership AMA meeting
CC Election - Should Intersect run for the CC seat
Update from Committees and Business Function (If Any)
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
Thiago Nunes
No
Interim Community Member Seat
Y
Pedro Lucas
Yes
OSC Chair
Y
Samuel Leathers
No
Product Chair
Y
Darlington Welsh
Yes
MCC Chair
Y
Prof. Steven
Yes
Chair of Board of Directors and CBC Chair
Y
Kevin Hammond
No
TSC Chair
Y
Seomon
No
GMC Chair
Y
Jose Miguel De Gamboa
Yes
CCC Chair
Y
Christian Taylor
Yes
Head of OSO
N
Lorenzo Bruno
Yes
Head of Product
N
No
Head of Tech Operation
N
Duncan Soutar
No
Secretary of TSC
N
Lloyd Duhon
Yes
Secretary of Budget Committee
N
Larisa Mcfarlane
No
Secretary of CCC
N
Terence McCutcheon
Yes
Secretary of OSC
N
Kyle Solomon
Yes
Product Co-Chair
N
Additional Attendees:
Adam Rusch - Community Board Seat - Observer
Decisions/Actions:
1. Board Updates & Organizational Changes
Updates were shared regarding recent structural shifts within Intersect. The revised budget proposal (15.75m ada) was presented, reflecting a more accurate projection of costs and a phased reduction in consultant dependency starting in July. There was discussion around evolving the board structure to include four elected community seats by October 2025, aiming for a fully elected board by 2026. Additional oversight mechanisms are planned for critical operations, including the CDH and the use of multi-signature authorizations. Greater clarity around decision-making and delivery sustainability was emphasized.
2. Committee Elections Update
It was confirmed that candidate registration for the Constitutional Council (CC) elections is now open.
3. Smart Contract Development & Engagement
An update was shared on smart contract progress being led by SundaeSwap Labs. A video overview is now available, and upcoming open office hours will provide space for discussions with vendors, committees, and the community to deepen understanding of implementation impacts.
4. Intersect Participation in CC Elections
A discussion took place regarding whether Intersect should seek a seat on the Constitutional Council. The prevailing sentiment was that Intersect should focus on its core functions and avoid potential conflicts of interest. A vote was conducted but lacked quorum, and it was agreed to proceed with an asynchronous vote via Discord. Initial feedback from present members supported Intersect not standing for a CC seat.
5. Member Engagement & Feedback Loop
A proposal was introduced to host monthly open ISC calls (AMA-style) for members to raise concerns and receive responses. There was agreement on piloting this idea, possibly incorporating a form where members can log issues in advance to support structured discussion.
6. Committee Collaboration & Communication
It was suggested that internal "all-hands" calls between committee members could support better collaboration, knowledge sharing, and alignment on resources and efforts.
7. Budget Process & Membership Vote
There was follow-up on a request for a membership vote to ratify the revised budget process. It was acknowledged that the change had already been implemented without prior endorsement. It was agreed this action is now closed, with a shared commitment to ensuring future significant process changes include member sanctioning.
8. Observer Role in ISC Meetings
A proposal was made to introduce a rotating observer role for committee members in ISC meetings, helping them gain visibility into discussions and coordination at the steering level. This idea will be revisited at the next meeting.
9. Action Items & Next Steps
Finalize and share the consultant transition plan with the ISC.
Share the roles and responsibilities document for committees with ISC members.
Record the asynchronous vote on whether Intersect should stand for a CC seat on Discord.
Present the ISC’s recommendation on CC participation to the full board.
Create a poll on Discord to gauge support for a monthly open ISC call.
Develop and communicate a process for monthly AMA sessions, including a feedback form.
Explore the feasibility of internal all-hands calls for committee collaboration.
Add the observer role proposal to the next meeting agenda.
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