What the Security Council Does

The Security Council is responsible for protecting the security, integrity, and continuity of the House of Stake governance system. It serves as a safeguard against security incidents and other exceptional circumstances that could threaten the proper functioning of House of Stake or the implementation of governance decisions.

The Security Council operates within the authority granted to it by the Constitutional Documents. Its role is protective and operational: it does not determine governance policy or replace the decision-making authority of Tokenholders. Within the House of Stake governance framework, Tokenholders serve as the primary governance decision-makers. The Council is better understood as a constitutional backstop: it protects the system against decisions or circumstances that threaten the constitutional framework rather than deciding whether an otherwise valid proposal is good policy.

Responsibilities

The Security Council is responsible for:

• Constitutional oversight: Safeguard the integrity of the Foundation's operations and ensure that governance remains consistent with HoS's constitutional purpose and principles.
• Proposal veto: Veto proposals where the constitutional conditions for a veto are met, principally where a proposal is misaligned with HoS's purpose or principles. This should be understood as a narrow constitutional safeguard, not a second policy or strategic review of proposals.
• Emergency actions: Take actions under the constitutional emergency procedures when circumstances require intervention outside the normal governance process.
• Non-emergency actions: Coordinating with other governance bodies and relevant technical participants when responding to security-related matters.
• Emergency meetings: Convene or participate in Emergency Meetings as provided for by the governing documents.
• Transparency: Documenting and communicating Security Council actions in accordance with applicable transparency, reporting, and confidentiality requirements.

Role Defined By

The role, responsibilities, and authority of the Security Council are defined by the following Constitutional Documents:

• HoS Foundation Memorandum and Articles — part of the Foundation's legal constitutional framework; establishes the relevant legal governance structure and should be considered when determining the Security Council's formal authority and relationship to the Foundation.
• HoS Foundation Bylaws — specifies governance structures, powers, procedures, and obligations applicable to the Security Council.
• Constitution — establishes the broader HoS governance framework and the Security Council's constitutional role.
• Proposals and Voting Procedures – defines the proposal lifecycle, admission criteria, and governance workflow.
• Code of Conduct and Conflict of Interest Policy — impose behavioral, integrity, independence, disclosure, and conflict-management obligations on Council members.

Obligations as Governance Body Members

As members of a governance body, Security Council members are required to:

• Act in good faith and in the best interests of the House of Stake.
• Act independently and exercise their judgment free from undue influence.
• Comply with the Constitution and all applicable Constitutional Documents.
• Adhere to the Participation Standards and Code of Conduct.
• Disclose and appropriately manage conflicts of interest in accordance with the Conflict of Interest Policy, including recusing themselves where required.
• Perform their duties diligently, impartially, and consistently.
• Maintain transparency by documenting and communicating Security Council actions and decisions in accordance with the Constitutional Documents.