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+# Akash Network - Chain Special Interest Group (SIG) - Meeting #14
+
+## Agenda
+
+- Overview of recent and current governance proposals
+- Discussion of recent proposal on minimum deposits
+- Update on mainnet network upgrade proposal
+- Scheduling of planned network upgrade 
+
+## Meeting Details
+
+- Date: Tuesday, March 12th, 2024
+- Time: 08:00 AM PT (Pacific Time)
+- Recording: Coming Soon
+- [Transcript](#transcript)
+
+
+## Participants
+- Artur Troian
+- Joao Luna
+- Maxime Beauchamp
+- Rodrigo Rochin
+- Scott Carruthers
+- Tyler Wright
+
+## Meeting Notes
+### Introduction and Updates
+#### Tyler Wright
+- Tyler Wright welcomed everyone to the Sig Chain monthly meeting #14.
+- The meeting focuses on the Akash blockchain, Cosmos SDK, governance proposals, and network upgrades.
+- Validators and community members are encouraged to join and participate.
+- Tyler acknowledged the efforts of validators in voting on proposals.
+- Currently, there are three active proposals onchain.
+- A recently passed proposal concerns decreasing minimum deposits for deployments and transactions on the tenant and provider sides.
+- This change has been tested and is functioning correctly.
+##### Active Proposals:
+  - Highlighted the community and spheron team's contributions to recent discussions leading to parameter changes.
+  - Specifically mentioned an important active proposal regarding the main upgrade to version 0.332.0.
+    - Voting for this proposal is ending soon, within the next few hours.
+    - If passed, a network upgrade is scheduled for tomorrow at 12:37 Eastern Time (UTC conversion to be provided).
+- **Network Upgrade Discussion**
+  - **Tyler Wright**
+    - Core engineering team led by Artur Troian.
+    - Messaging about the upgrade will be shared on various channels.
+    - Documentation updated and available on the docs site.
+    - Information will be disseminated through Discord and other platforms.
+  - **Artur Troian**
+    - Upgrade expected to be quick and easy, minimal downtime.
+    - Reminder about the US daylight savings time shift; upgrade at 1pm EST.
+    - First network upgrade of the year, a minor but important change.
+    - Anticipation for more upgrades later in the year.
+    - Plan to present and discuss future proposals and enhancements.
+    - Encouragement for feedback on blockchain improvements.
+- **Network Upgrade Discussion (Continued)**
+  - **Rodrigo Rochin**
+    - Asked about the lowering of provider AP requirements.
+    - Queried if it is now cheaper to deploy and have providers.
+  - **Tyler Wright**
+    - Confirmed the parameter change from 5 AKT to 0.5 AKT for both provider and deployer sides.
+    - Proposal 248 outlines the changes.
+    - Clarified that the parameter change has been tested but defaults to 5 AKT and needs manual adjustment.
+  - **Scott Carruthers**
+    - In the process of testing the provider side for the bid minimum deposit.
+    - Deployment creation using 0.5 AKT is working perfectly.
+    - Mentioned the need to use a deposit switch when creating deployments via Akash CLI, which defaults to 5 AKT.
+    - Cloudmos team can set the default to 0.5 AKT on their platform.
+    - Announcements will be made once provider side testing is complete.
+- **Core Engineering Team and Contributions**
+  - **Tyler Wright**
+    - The core engineering team is growing with significant community contributions.
+    - Focus on managing more engineering tasks related to the core product.
+    - Network upgrades and Sig Chain projects to be included in the product and engineering roadmap.
+    - Items will be tagged in the backlog section for easy access.
+    - Aim for transparency and communication through roadmap discussions.
+- **Network Upgrade Clarifications**
+  - **Scott Carruthers**
+    - Clarified the adjustment lowering provider attribute update prices as part of the network upgrade scheduled for tomorrow.
+    - Lowering of minimum bid and deployment deposits (already in effect due to a proposal passed yesterday) is separate from the provider attribute update fee reduction.
+  - **Artur Troian**
+    - Will release a new CLI version after the network upgrade to include updated default values.
+    - Historically, the CLI used hardcoded default parameters, but the new release will query the current default bid and deployment deposits if not set manually.
+  - **Maxime Beauchamp**
+    - Cloudmos updated to query on-chain parameters, setting the default to 0.5 AKT.
+
+## Action Items
+- Validators and participants are reminded to vote on the active proposal if they haven't already.
+- Group to prepare for the planned network upgrade scheduled for tomorrow if the proposal passes.
+- Tyler to attach Proposal 248 for Rodrigo.
+- Scott to complete provider side testing and communicate the results.
+- Cloudmos team to potentially adjust the default deployment parameter to 0.5 AKT.
+
+## Transcript