GnosisSafeProxy | Address 0xB45e9F74D0a35fE1aa0B78feA03877EF96ae8dd2 | Etherscan

Number of signers

There are 7 owners for the Multi-Sig (Gnosis) Wallet. Every transaction requires the confirmation of 4 out of 7 owners.

Requirements for being a Mult-Sig Owner

Multi-Sig owners should have a fast response time to avoid financial bottlenecks. They also need to be experienced in the LXDAO

For that reason, To become a Multi-Sig you need to meet the following requirements

  1. Need to be experienced in the LXDAO
  2. Buidler or pre-investor

Request for Transaction

If there is a need for payment (i.e. bounty request) a short proposal and soft consensus in Discord is needed. It is advised to check with the Treasury/Governance Coordinator before reviewing available budgets.

Preparation and Execution of Transactions

Every transaction will be posted in #governance and the multi-sig owners have understood its details before signing it. Once 3 owners have signed the payment, it will be executed automatically.

Mult-Sig Owner Rotation Time

Mult-Sig Owner rotates every six months, subject to the approval of a proposal

Treasure Public Notice

The financial situation is open and transparent on the blockchain, with monthly statistical reports on financial expenditures and revenues, which are published in the LXDAO