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Threshold Network · closed proposal

TIP-095: Improve DAO Multisig Management

0x8FBC…9A71·ended 1y ago·Discussion ↗·MEDIUM RISK
🐳 Whale activity
Voters
9
T voted
220.70M
Token price

AI summary

This proposal, TIP-095, seeks to improve how the Threshold Network DAO manages its various multisignature wallets (multisigs) used by different guilds for operations like treasury management. It proposes using a tool called Safe{RecoveryHub} to standardize and automate updates to these multisigs, especially after elections or changes in guild membership. The Threshold DAO Council Multisig will be designated as the 'Recoverer' for all guild multisigs, allowing it to update signers and respond to emergencies.

Impact

If passed, this proposal will streamline administrative tasks for guild multisigs, making them more secure and efficient. It centralizes control over multisig updates under the DAO Council, which could benefit operational continuity but also concentrates power. There are no direct financial allocations or payments to individuals mentioned in this proposal.

Read full proposal on Snapshot

Voting results

For220.70M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
220.70M T · 9 votersblock 21487406

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

4 votes > 5% VP
0x7206…03e9
1y ago · voted For
56.9%
125.53M VP
0x640c…4630
1y ago · voted For
16.3%
36.03M VP
0xf296…1fe7
1y ago · voted For
15.8%
34.88M VP
0xd6f7…4197
1y ago · voted For
7.0%
15.55M VP

Full proposal

Original markdown · Threshold Network

DAO-elected Sponsors Ashley (@MrsNuBooty), @Eastban

Timeline 9 days for comment / discussion on this proposal (given that we have a holiday break coming up) [December 17th - December 26th] 5 days Snapshot vote [December 26th - December 30th] Key points The Threshold DAO utilizes multiple multisigs across its various guilds to facilitate essential operational responsibilities, such as treasury management, proposals execution, and resources allocation. However, keeping these multisigs aligned with governance changes—such as updating signer configurations after elections or membership transition…

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