Meeting Note

Agenda:

1. Council #20 Summary
   • Successfully finalized the stable coin treasury release
   • Accomplished Q3 OKR report
   • Increased channel sign-ups and verifications due to YPP V2
2. Recommendations
   • Proposal for automating token burn calculation
   • Integration of EMA 30 into budget and plans
   • Refilling the stable coin treasury
   • Revision of compensation plans for HR, MWG, and CWG
   • Decision to shut down APPs WG
   • Documentation of safety work policies
   • Discussion and action items for Q4 OKRs
   • Incentivizing early announcements for enhanced security
   • Security measures for membership
   • Term 20 reports from various Working Groups

Working Groups Updates:

Storage WG

• Focused on performance issues
• Maintained 25% capacity stability
• Expanded team with new hires

Distribution WG

• Engaged in bug fixing
• Implemented two upgrades
• Transitioned to a more user-friendly version for easier upgrades
• Emphasized performance and monitoring enhancements
• Addressed 2 fires and added 3 new hires
• Plan to deploy monitoring scripts
• Automate alerting systems
• Create new job openings
• Introduce penalties for underperformance of nodes