Spark proposes cancellation-independence exemptions and early queueing

What happened

Phoenix Labs proposed exemptions from Spark's curator/canceller independence rules for designated Sky actors and permission to queue changes before governance approval.

What changed

Qualifying arrangements would no longer require separate curator/canceller signers or an additional independent canceller under Spark policy. Early queueing would require maturity at least 24 hours after expected poll close, with cancellation required if actual close leaves less than 20 hours.

What did not change

The proposal leaves existing appointments, contract permissions and configured timelock lengths unchanged. Policy would still require approval before implementation.

Confirmed

• The independence exemption and early-queue permission are separate proposed changes.
• Curators and cancellation authorities would have to cancel unapproved queued actions before they become executable.
• The proposal acknowledges that the on-chain timelock does not evaluate poll results.

Still open

• Whether governance will adopt either provision.
• Instance-specific signer overlap and operational cancellation readiness.
• Whether monitoring and owner intervention can reliably complete within the remaining cancellation window.

What it means for an advisor

• Review assumptions of an independent veto in Sky/Spark and relevant Morpho vault diligence.
• Assess correlated control and active cancellation dependence before relying on these vaults' timelocks.
• Keep Spark's current exclusion in place; a policy proposal does not close its existing diligence gaps.