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This issue presumed upgrade would be controlled by JS-level governance. The current plan is that upgrade is under the control of cosmos-level votes. This issue is obsolete in favor of #6099.
What is the Problem Being Solved?
The PSM is reachably durable. For higher reliability, we should write an upgradeTest like the one for coveredCall.
For bonus points, also write an upgrade tests showing that the PSM can be restart from just balance information.
Description of the Design
see upgradeCoveredCall test
Security Considerations
This would give us more confidence in the PSM.
Test Plan
as above.
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