SIP-00032: Multisig Update

Authors: @dropnerd, @goldy.mov

Purpose

• To improve the availability of signers and sign more effectively
• To improve the security of the multi-sig by going to 4/7

Summary:

We are going from a 3/6 setup to a 4/7 setup. 4 of these signers would have to approve any transaction from the Gnosis safe.

The full list of signers would be:

goldy.mov (0x021edd67d43B365a6401a5Ee704Aa6f264F3F4e4) defi jesus (0xDe30040413b26d7Aa2B6Fc4761D80eb35Dcf97aD) lithium (0x1bbEc7a15D0f0853B8F3ca0Ad4d3573cE186d5ee) jango (0x823b92d6a4b2AED4b15675c7917c9f922ea8ADAD) dropnerd (0x40b6df5f6217fb1a1beaf8fdbb9572304aa78c4d) lamorak (0xae4e84D9c21D4FdB9760a562d18B4CFE0Af8B8B5) christian (0xD19BF5F0B785c6f1F6228C72A8A31C9f383a49c4)

New signers: Lamorak, Christian Removed signers: Xaix

Rationale

Both new signers are involved in SharkDAO and have some reputation risk.

• Lamorak works in a nft-adjacent space
• Christian earns ETH from being a named contributor in NounsDAO proposals

Lamorak Intro

Lamorak has been a core contributor on many important SharkDAO initiatives, including:

• SIP-00030: the Coordinape proposal that enables contributors to get rewarded for their work
• SIP-00031: the Shark Bait proposal that allows us to support artists

Christian Intro

Christian has been a core contributor on SharkDAO and NounsDAO projects.

• built and shipped our beautiful website at https://sharkdao.community/
• supporting the #shark-pfp project efforts
• building the Nouns POAP proposal https://nouns.wtf/vote/9

Thank you Xaix

Xaix has been a great contributor but they are very busy, and going to a multisig of active Shark members will be a big step for the DAO.

Pros

– We can execute transactions in a more timely manner. – Less pressure on each individual signer to be available.

Cons

– Centralization risk: Goldy.mov, dropnerd, and Lamorak already work closely determining auction strategy

• This continues our off-chain strategy, when we want to go on-chain ideally

Disclosures

May be added later by Lamorak or Christian in Discord