The memo
REJECTED. Noble is an application-specific asset-issuance chain, not a passive protocol investment. Its current documentation identifies CometBFT Proof of Authority and no governance module; a designated Noble Maintenance Multisig can execute arbitrary authority messages, software upgrades, IBC recovery, and parameter changes. That concentration is an intelligible tradeoff for regulated issuers, but it fails the settlement-control floor for a blanket client allocation and must be decomposed into chain, issuer, and IBC dependencies.
What would reopen the file
- Noble receives a sourced chain grade with a disclosed validator set, NMM signer threshold, independence map, and enforceable upgrade delay
- The Noble Maintenance Multisig loses arbitrary execution or every privileged action receives at least 7 days of on-chain notice
- The exact client asset and IBC or CCTP exit route receive separate approved profiles and pass a proposed-size test
- Any authority, consensus, IBC, or issuer incident opens an immediate review
Facts on file
- Verdict
- Rejected
- Exposure
- other
- Chains examined
- Noble
- Memo version
- v1
- Reviewed
- Next review