Proposal to introduce Upgrade Authority Transfer to the Standard Rollup Charter is a ratification proposal that adds a process to the Standard Rollup Charter for a chain to take back upgrade authority from the Security Council:

• A Chain Governor may request that upgrade authority for its chain be transferred from the Security Council to an address of its choosing.
• The Optimism Foundation confirms the request is valid and publishes a public notice on the Governance Forum.
• After a 30-day notice period, the Security Council executes the transfer. Individual transfers need no further governance vote.
• Once the transfer is executed, the chain ceases to be a Standard Rollup.

This is a ratification vote. Cast a vote if you want to approve or reject these changes. You can read more about this proposal type in our operating manual. You can read the proposal in its entirety here.