DAO Multisigs
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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.
Protocol & DAO Treasury
MIMO Inflation
Insurance Fund
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 .
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 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 .