Dear @rickymac ,
I am writing to you on behalf of the Parameters Committee to inform you about the status of your recent Parameter Change Proposal (PCP).
As you can read in the last update from the committee, the upcoming PCP-003 has been selected and so other extant PCP applications will be deferred as per the PCP process. This decision does not reflect a lack of merit in your proposal, but is rather the result of current prioritization and our limited capacity to process all the proposals.
The deferral of extant PCPs after a given triage and selection period provides a period for the authors to continue to refine their message, to accentuate the importance of the PCP for the next period, and to assess its ongoing relevance given developments (including the results of active PCPs) in the interim. When the Committee opens the next submission period, you can notify us that you wish to renew the PCP.
We encourage you, if you wish, to use this time to revisit and strengthen your proposal, incorporate any feedback you have received, and account for any relevant developments in the ecosystem. The Parameters Committee values your contribution to the Cardano community.
Should you have any questions or require further clarification, please do not hesitate to reach out to us.
Thank you for your understanding and for your dedication to improving the Cardano ecosystem.
Best regards,
Joaquín López
Secretary of the Parameters Committee