DAO Multisigs

Exploring 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.

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: 150 USDp

  • 70 + signed: 105 USDp

  • 50 + signed: 75 USDp

  • 30 + signed: 45 USDp

  • 30 - signed: nothing

Find out the DAO Multisig Elections here.

Multisigs Addresses

Ethereum

Polygon PoS

HyperEVM

Base

Sonic

Arbitrum

Multisig
Address

Optimism

Multisig
Address

Gnosis

Multisig
Address

Linea

Multisig
Address

Scroll

Multisig
Address

Avalanche

Multisig
Address

Binance Smart Chain

Multisig
Address

Ink

Multisig
Address

Berachain

Multisig
Address

Unichain

Multisig
Address

Sei

Multisig
Address

Tac

Multisig
Address

Fantom

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