[Proposal] Elect 5-Member Treasury Multi-Sig Committee — 3/5 Threshold, 6-Month Term

Proposal Summary Briefly explain the purpose and core content of this proposal.

Elect a 5-member Treasury Multi-Sig Committee to securely manage the ISC Community Treasury. The committee will use a Gnosis Safe with 3/5 signature threshold, ensuring no single individual can unilaterally move funds. Members will serve 6-month terms and be elected by community vote.

Background and Motivation

With the successful passage of the "Establish Community Treasury" and "ISC Genesis NFT" proposals, the ISC Community Treasury is now officially activated and holds protocol value.

However, a centralized treasury controlled by one person contradicts ISC's DAO-first philosophy and creates significant risks:

• Single point of failure: One compromised key = total loss

• No accountability: No oversight on fund movements

• Community distrust: Centralized control undermines decentralization

A multi-sig wallet with elected community members is the industry standard for DAO treasury management. This proposal establishes that standard for ISC.

Specific Solutions

Multi-Sig Wallet Configuration:

• Platform: Gnosis Safe on BNB Smart Chain

• Signers: 5 elected community members

• Threshold: 3/5 (Any expenditure requires at least 3 signatures)

• Treasury Address: To be published after Safe deployment

Candidate Eligibility:

1. Hold ≥ 50,000 ISC for at least 7 days

2. Actively participate in Snapshot governance voting

3. Pass ISC Anti-Sybil Agent screening (no bot/farm flags)

4. Capable of securely managing private keys and using Gnosis Safe

Nomination Process:

• Community members may self-nominate or nominate others

• Nominees must publicly confirm acceptance

• Each candidate submits: X handle, wallet address, region, contribution statement

Election Rules:

• Voting: Snapshot approval voting

• Selection: Top 5 candidates by vote count

• Term: 6 months, with re-election at term end

• Removal: Underperforming members can be removed via Snapshot proposal

Committee Responsibilities:

1. Co-sign execution of all treasury expenditures approved by Snapshot vote

2. Report regularly to the community on treasury status

3. Assist in on-chain operations (NFT minting, airdrops)

4. Never transfer funds without prior Snapshot approval

Expected Impact

Security: Eliminates single-point-of-failure risk. Treasury funds require 3 independent signatures to move.

Trust: Demonstrates ISC's commitment to true decentralization. No "team wallet" narrative.

Transparency: All treasury movements are visible on-chain and require community-approved proposals.

Sustainability: Creates a governance layer that outlasts any individual contributor.

Precedent: Establishes DAO best practices that future proposals can build upon.

Implementation Timeline

For questions or candidate nominations, please comment below or reach out on X @IceSnowCoin.