BIP-018 - Increase Multisig Wallet Operators

Status: Proposal Author(s): @CryptoChicca

Created: 9 January 2022

Discussions-to: https://gov.buzzedbearhideout.com/t/increase-multisig-operators-add-n00bleland/655

Implementation (optional): Immediate. ‌

Buzzed Summary To add @n00bleLAND as a signatory to the multisig wallets for Buzzed Bear Hideout.

Abstract ‌ Buzzed Bears are starting to implement aspects of the investment proposal, and these require purchases from buzzed bears wallets, in order to spend honeypot funds for the benefit of bears.

It is proposed to increase the multisig from 5 people to 6 people for the honeypot wallet, and include @n00bleLAND as a signatory to the multisig wallets for Buzzed Bear Hideout.

Abstract ‌ Buzzed Bears are starting to implement aspects of the investment proposal, and these require purchases from buzzed bears wallets, in order to spend honeypot funds for the benefit of bears.

It is proposed to increase the multisig from 5 people to 6 people for the honeypot wallet, and include @n00bleLAND. Given bears operate 24/7, this will help with efficiency in supporting necessary transactions.

It is also proposed to add @n00ble to the NFT flipping wallets to help facilitate the buying and selling of NFTs. That will make 4 multisig for those wallets, alongside @SQX10, @loop and @DefiJesus

Specification ‌ Overview ‌

1. Add @n00bleLAND as multisig to increase people that can sign transactions for Buzzed Bear Hideout to 6 people for the honeypot wallet.
2. Increase multisig process from 2 to 3 people required per transaction for the honeypot wallet. While this may take a little longer, this is best to safeguard the funds.
3. @n00bleLAND will also be added to the NFT flipping wallets to help facilitate the buying and selling of NFTs. There will be 2 signatures required for this purpose due to the need to process these transactions quicker and 2 out of 3 apex leads are only required for a decision in NFT flipping in accordance with the NFT flipping protocols already in place.

Rationale ‌ The reasons for this proposal are:

1. Promoting good governance for the Buzzed Bear Hideout brand
2. Providing risk management to Buzzed Bear holders
3. Helping implement transactions for Buzzed Bears

Technical Specification ‌ @DefiJesus @BuzzedMo to add @n00bleLAND to the requisite multisig for Buzzed Bear Hideout wallets.

Test Cases ‌ @cryptochicca and @alexpanda have recently been added as Buzzed Mods. It is time to add an additional Buzzed Mod to the multisig.

Copyright ‌ Copyright and related rights waived via CC0