The logic governing the holding period mechanism is to be shared by both governance contracts.
Overview
The governance contracts have two owners, which themselves are intended to be Safe multisigs controlled by separate entities.
When the contract takes a "discretionary action", that action must be proposed by one owner and approved by the other, which begins a holding period. During the hold, either party can cancel the action. After the hold, the action takes effect.
The logic governing the holding period mechanism is to be shared by both governance contracts.
Overview
The governance contracts have two owners, which themselves are intended to be Safe multisigs controlled by separate entities.
When the contract takes a "discretionary action", that action must be proposed by one owner and approved by the other, which begins a holding period. During the hold, either party can cancel the action. After the hold, the action takes effect.