[GIP-5] Financial Multisig 5/7
AI summary
This proposal seeks to establish a 5/7 financial multisig for the Gearbox DAO. A multisig is a type of digital signature that requires multiple approvals to execute a transaction, enhancing security. The proposal lists seven individuals, including notable figures like Stani from Aave and Larry Cermak from TheBlock, who have expressed interest in becoming signers. If approved, these individuals would provide secure wallet addresses to be added to the Gnosis Safe, which is a smart contract wallet used for managing treasury funds.
If this proposal passes, the Gearbox DAO's financial transactions will be secured by a 5/7 multisig, meaning at least five of the seven proposed signers must approve any transaction. This increases the security of the DAO's treasury by decentralizing control over funds. The DAO benefits from enhanced security and the expertise of the proposed signers, while no one directly loses.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
FORUM: https://gov.gearbox.fi/t/gip-5-financial-multisig-5-7/350
Based on the original post for the multisig applications, we have collected primary interest and availability of a few dev-savvy DAO contributors who can fill this role. Financial multisig: 5/7 with the possibility to add more people and increase signer count in order to have a better response rate and security.
- Stani - founder of Aave, venture partner at Variant Fund, & more
- Amplice - lobsterdao member & visual specialist
- Pepo - contributor of Wonderland & DeFi LATAM
- Larry Cermak - VP of Research at TheBlock
- Ser…