Bridge upgradability and governance plan

Development Bridge
3

IMO, yes.
There’re two minor differences of the proposed plan and what you have described:

  1. There’s no a de jure DAO on stages 2 and 3, since the only representation of it is two multisig wallet. We don’t want to complicate it with additional logic of voting / syncing of two networks. Remember: participants of the security committee should send updating transactions on both networks!
  2. On the stage 4, the DAO is equal to the consensus rules of NEAR – this is the ultimate goal of making the bridge fully decentralised in its entirety.
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