← Back to Gearbox
Gearbox · closed proposal

[GIP-17] Multisig Reshuffle & Pausable Admin

0xf3D4…d89E·ended 3y ago·MEDIUM RISK
Voters
860
GEAR voted
224.57M
Token price

AI summary

This proposal aims to update the signers of two critical multi-signature wallets (multisigs) and introduce a new 'unpause' role. Part 1 involves rotating inactive signers out and adding new, active members to both the Technical and Financial multisigs to improve response times and security. Part 2 proposes separating the 'unpause' function from the existing 'pause' function, creating a dedicated role to unpause the protocol after an issue is resolved, which would be controlled by a multisig.

Impact

If passed, the DAO's operational efficiency and security will likely improve due to more active multisig signers and a more robust unpause mechanism. This benefits all users by reducing potential delays in critical operations and enhancing the protocol's ability to recover from paused states. No specific group loses, and no direct financial allocations are mentioned.

Read full proposal on Snapshot

Voting results

Quorum
224.57M / 200.00M GEAR(112%)
✓ Quorum met
YES to BOTH223.19M (99.4%)
Yes to part 1 only130.00K (0.1%)
Yes to part 2 only634.00K (0.3%)
No to all610.00K (0.3%)
224.57M GEAR · 860 votersblock 15446165

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Gearbox

This proposal is aimed at (1) rotating some multisigs signers and (2) setting up unpause role.

Going through the latest Notion report, you can notice that some singers are basically MIA. That is natural to expect given that multisigs were set up almost a year ago: some people have quit the industry or went offline more. Regardless of the reasons, it’s not efficient and can at some point affect safety in times when asap multisig quorum is required. Current policies are [in docs](https://docs.gearbo…

📚 Similar past proposals

Finding similar proposals…