What format should the KogeCoin multisig take? 2/3, 3/5, or None at all (DAO funds controlled by original KogeCoin team)?
With the 2/3 option, two out of three elected multi-sig holders are required to authorize transactions.
With the 3/5 option, three out of five elected multi-sig holders are required to authorize transactions.
With the None option, the DAO funds will be controlled by team rather than multi-sig holders. The None option is a vote against a community multi-sig.
If the 2/3 or 3/5 options are selected, the elected multi-sig holders will be asked to hold new multi-sig elections to replace them whenever they decide to step down, to replace inactive members, or to replace the entire set of multi-sig holders for other reasons. Note that replacement is only feasible if 2/3 or 3/5 multi-sig holders remain.