# November 3, ISC Meeting ## Agenda: * Committees Update * ISC Actions/Update from last week * Committee Election Update * AOB & Meeting Close ## Attendees: | Name | Attendance | Role | Voting Seat (Y/N) | | ---------------------------------------------------- | ---------- | ------------------------------- | ----------------- | | [Simo Simovic](mailto:simo.simovic@intersectmbo.org) | Yes | Secretary | N | | Jack Briggs | Yes | Interim Executive Director | Y | | Nick Cook | Yes | Director - Operations (Interim) | Y | | YUTA | Yes | Community Member Seat | Y | | Phil Lewis | Yes | Community Member Seat | Y | | Sheldon Hunt | Yes | Community Member Seat | Y | | Fred Tanaka | Yes | Community Member Seat | Y | | Elaine Cardenas | Yes | OSC Chair | Y | | Samuel Leathers | No | Product Chair | Y | | Darlington Welsh | Yes | MCC Chair | Y | | Kristijan Kowalsky | Yes | CBC Chair | Y | | Kevin Hammond | No | TSC Chair | Y | | Wes Parkison | Yes | GMC Chair | Y | | Nicolas Cerny | Yes | CCC Chair | Y | | Christian Taylor | No | Head of OSO | N | | Lorenzo Bruno | No | Head of Product | N | | Matt Davis | No | Head of Tech Operation | N | | Tim Richmond | No | Head of Comms | N | | Lloyd Duhon | Yes | Secretary of Budget Committee | N | | Larisa Mcfarlane | Yes | Secretary of CCC | N | | Terence McCutcheon | Yes | Secretary of OSC | N | ### Additional Attendees: Rand McHenry - Member of the Board Megan Hess - Vice chair of OSC Kyle Solomon - Vice chair of Product Committee Valeria Devaux - Observer Thiago Nunes - Observer ## Discussion/Actions ### 1. Committee Updates Civics Committee\ The charter for the Constitutional Amendments Working Group has been approved, and materials were shared for review. Multiple submissions have already been received for the CIP-49 optional DRep compensation grant from wallets, SDKs, and governance tooling teams. An outreach effort is underway, including an upcoming X Space featuring the CIP author. Work continues on governance health KPIs, with a report expected soon. Membership & Community Committee (MCC)\ A proposal for updates to member benefits is nearing completion, in collaboration with Intersect staff. The committee is also exploring a request for Intersect to consider funding a minimum number of active community hubs due to their continued value in supporting membership. Budget Committee\ The committee discussed network economics and treasury sustainability, highlighting the importance of increasing transaction-fee revenue and diversifying returns. Discussion also covered the impact of a constitutional governance action currently on-chain, which could remove the need for the current budget “info action” step in the future. The committee is preparing contingency process updates depending on the outcome. ### 2. ISC Action Items & Updates * The Annual Member Meeting (AMM) survey remains open, and members were asked to encourage completion within committees. * A previously requested joint ISC–Board discussion on the role of members in a Member-Based Organization (MBO) will be raised at the Board’s end-of-month meeting; asynchronous escalation is also planned. * Data on 2025 membership renewal rates is being collected and will be presented to the ISC on 17 November, following Cardano Summit activities. ### 3. Committee Elections Update Participation reached a key milestone with over 168 unique voters, surpassing the 10% validity threshold required for elections.\ Additional notes: * Voting remains open for one more week. * Members are asked to promote participation across committees. * An X Space will be held later in the week to answer questions and allow candidates to share motivations. * Voting closes Friday at 12:00 UTC. * Publication planned for Friday, 14 November Comparison of candidate numbers across cycles is still being analyzed; early observations suggest fewer candidates compared to the previous cycle. ### 4. Upcoming Protocol Upgrade Planning It was noted that a protocol upgrade is tentatively targeted for Q1 2026, with readiness activities resuming. The hard fork working group—open to public participation—will be reconvened shortly. As part of the upcoming process, naming the next upgrade after Maxon Rosson will be considered. *** ### 5. Next Steps & Actions * Gather data on 2025 membership renewal data and and the committee renewal applications to be presented to ISC on 17 November. * Chairs and secretaries to encourage completion of the AMM Member Survey before it closes. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://steeringcommittee.docs.intersectmbo.org/committee-meeting-notes/2025-meeting-notes/november-3-isc-meeting.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. 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