Initial timelock can be zero

[adhusson]

Alternative to #7, initial timelock can be 0-2weeks, and any further change must be >= 24 hours.

[MathisGD]

In the end I don’t think it’s worth adding any complexity to constrain the timelock zero. It’s under timelock anyway, and you can already do really bad stuff under the timelock. I don’t think that we should prevent for timelock specifically

[adhusson]

It’s under timelock anyway, and you can already do really bad stuff under the timelock.
What do you mean by this?

I'm OK with keeping an always nullable timelock, but just to clarify the risk scenario I have in mind it's a 2-step process:

1. Set timelock to 0 by invoking justifiable-at-the-time reasons.
2. Later, do bad stuff while timelock is at 0.

It separates the step that can be scrutinized from the step that does the attack.

With a min timelock you cannot escape scrutiny.

[MathisGD]

Actually I don't think that you can justify a 0 timelock (withdrawing from markets or reducing caps being not under timelock). So we are fine with the current version IMO

[MathisGD]

I'm also ok with this option in the end