DAO Multisigs

DAO multisigs controls several functions of the protocol including the treasury, protocol parameters and the blog. The DAO multisig will require 5/8 signatures to execute a transaction.

Multisigs

Ethereum

Multisig	Address
Protocol & DAO Treasury	0x25Fc7ffa8f9da3582a36633d04804F0004706F9b
MIMO Inflation	0x29391a7a809aC7dEe6a7F9a014F7EaB606fAA4E5
Insurance Fund	0x6aF71a3723D3c0Ed69f84EE259c9De3019C2a77c

Polygon PoS

Multisig	Address
Protocol & DAO Treasury	0x2046c0416A558C40cb112E5ebB0Ca764c3C5c32a
MIMO Inflation	0x864e844bEF7D81c5e6bBC597ED2696b3e1dA9371
Insurance Fund	0x2C6A1D01057258281eFE31bB34Bc0Df24C13086e

Fantom

Multisig	Address
Protocol & DAO Treasury	0x174162ddecE9d0b7B68fd945e38c3372C4C818ba

Blast

Multisig	Address
Protocol & DAO Treasury	0x88b8bea325864aefA05891B6EF816F7Fb8e3da28
Insurance Fund	0x409DFa4D535D7e61dCF34C75c1e3f982251a3929

Who participates in the multisig ?

DAO Multisigs are composed by 8 members and require at least 5 signatures to execute a transaction. Signers are coordinating via a channel used solely for this purpose on the Parallel discord.

Being a multisig signer is not something to be taken lightly. Multisigs signers have full control over the protocol, the slightest mistake can have very important consequences for the users of the protocol as well as the protocol itself.

DAO Signers Compensations

DAO signers are compensated on a scale based on the % of signatures made per month:

• 90 + signed: 100 $paUSD

• 70 + signed: 70 $paUSD

• 50 + signed: 50 $paUSD

• 30 + signed: 30 $paUSD

• 30 - signed: nothing

Find out the DAO Multisig Elections here.