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
Multisigs Addresses
Ethereum
Protocol & DAO Treasury
MIMO Inflation
BoughtBack MIMO
Insurance Fund
Polygon PoS
Protocol & DAO Treasury
MIMO Inflation
BoughtBack MIMO
Insurance Fund
HyperEVM
Protocol & DAO Treasury
Insurance Fund
Base
Protocol & DAO Treasury
Insurance Fund
Sonic
Protocol & DAO Treasury
Insurance Fund
Arbitrum
Protocol & DAO Treasury
Optimism
Protocol & DAO Treasury
Gnosis
Protocol & DAO Treasury
Linea
Protocol & DAO Treasury
Scroll
Protocol & DAO Treasury
Avalanche
Protocol & DAO Treasury
Binance Smart Chain
Protocol & DAO Treasury
Ink
Protocol & DAO Treasury
Berachain
Protocol & DAO Treasury
Unichain
Protocol & DAO Treasury
Sei
Protocol & DAO Treasury
Tac
Protocol & DAO Treasury
Fantom
Protocol & DAO Treasury
BoughtBack MIMO
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