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Crypto DeFi

Polygon PIP-93 Would Centralize Upgrade Powers Under Security Council

Polygon has drafted PIP-93, a proposal that would consolidate contract upgrade powers under an 8-of-11 Security Council, with a seven-day delay for Polygon Labs proposals. The plan would give Polygon Labs a new route to upgrade contracts while shifting approval authority to the council. The draft is under review.

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AI take

The substance here is a governance trade-off rather than a technical one: faster execution through Polygon Labs paired with a council veto and a fixed delay is a bet that a small, vetted body can act as a credible check. For token holders and builders relying on upgrade predictability, the seven-day window becomes the key transparency lever. Whether the council's composition and the delay prove sufficient to offset the concentration of authority is the open question as the draft moves through review.

Generated by AI for reference only.

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