Governance Security Mechanisms

To ensure protocol governance remains secure, transparent, and tamper-resistant, CosmBank employs a multi-layered defense architecture.

⏱️ Timelock Protection

• All critical governance actions are subject to a 48-hour timelock before execution.

• This allows the community time to review, respond, or counter malicious proposals before changes go live.

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🔐 Multisig Oversight

• Major upgrades and core smart contract changes require approval by a 4-of-7 multisig wallet.

• This prevents unilateral control and adds a layer of human verification for high-risk actions.

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🔄 Delegation Flexibility

• veCSM holders can change or revoke their delegated voting rights at any time.

• This prevents long-term concentration of governance power and allows users to actively adjust trust and representation.

Security in governance is not just about decentralization — it’s about predictability, accountability, and resistance to capture.