Summary

This proposal grants core governance roles to the Lazy Summer Foundation multisig at 0xB0F53Fc4e15301147de9b3e49C3DB942E3F118F2 across all active chains in the Lazy Summer Protocol ecosystem.

Secondly, it is asking the Lazy Summer Foundation to use it's governance role to Whitelist the new Staking Contract on the SUMR token contract on the Base Network, in order to enable the new SUMR staking module.

Motivation

As part of the RFC to upgrade Governance and Staking to new versions, and in order to prepare for the transferability of SUMR, we would like to propose giving the Lazy Summer Foundation governance roles via their multisig to act as a fallback and to create a more efficient upgrade process.

The Foundation multisig requires specific roles to manage protocol governance and timelock operations:

• GOVERNOR_ROLE in ProtocolAccessManager for protocol-wide governance
• PROPOSER_ROLE, EXECUTOR_ROLE, CANCELLER_ROLE, and DEFAULT_ADMIN_ROLE in SummerTimelockController for timelock management

Target Address

Foundation Multisig: 0xB0F53Fc4e15301147de9b3e49C3DB942E3F118F2

Specifications

Actions

1. On base:
   • Grant GOVERNOR_ROLE in ProtocolAccessManager
   • Grant PROPOSER_ROLE in SummerTimelockController
   • Grant EXECUTOR_ROLE in SummerTimelockController
   • Grant CANCELLER_ROLE in SummerTimelockController
   • Grant DEFAULT_ADMIN_ROLE in SummerTimelockController
2. Send cross-chain proposal to arbitrum to:
   • Grant GOVERNOR_ROLE in ProtocolAccessManager
   • Grant PROPOSER_ROLE in SummerTimelockController
   • Grant EXECUTOR_ROLE in SummerTimelockController
   • Grant CANCELLER_ROLE in SummerTimelockController
   • Grant DEFAULT_ADMIN_ROLE in SummerTimelockController
3. Send cross-chain proposal to mainnet to:
   • Grant GOVERNOR_ROLE in ProtocolAccessManager
   • Grant PROPOSER_ROLE in SummerTimelockController
   • Grant EXECUTOR_ROLE in SummerTimelockController
   • Grant CANCELLER_ROLE in SummerTimelockController
   • Grant DEFAULT_ADMIN_ROLE in SummerTimelockController
4. Send cross-chain proposal to sonic to:
   • Grant GOVERNOR_ROLE in ProtocolAccessManager
   • Grant PROPOSER_ROLE in SummerTimelockController
   • Grant EXECUTOR_ROLE in SummerTimelockController
   • Grant CANCELLER_ROLE in SummerTimelockController
   • Grant DEFAULT_ADMIN_ROLE in SummerTimelockController

Technical Details

• GOVERNOR_ROLE: Grants protocol-wide administrative privileges in the ProtocolAccessManager
• PROPOSER_ROLE: Allows proposing operations to the TimelockController
• EXECUTOR_ROLE: Allows executing operations in the TimelockController
• CANCELLER_ROLE: Allows cancelling operations in the TimelockController
• DEFAULT_ADMIN_ROLE: Grants admin privileges in the TimelockController, allowing role management.

Risk Assessment

• The main risk here is providing a multisig with sweeping governance powers during the transition from Governance V1 to V2.

Voting

By voting YES to this SIP, you will be voting FOR granting core governance roles, as decribed above, to the Lazy Summer Foundation multisig. As well as granting roles, you will also be using the grant of roles to further instruct the Lazy Summer Foundation to use it's newly granted governance rights to whitelist the new SUMR staking contract on the SUMR Token contract on the Base Network, thus enabling the new SUMR staking contract.