A selected list of multi-sigs and emergency practices from various DAOs that may be applicable.
TLDR:
| DAO | Multi-sig name(s) | Actions | Configuration | Compensation |
|---|---|---|---|---|
| Compound | Community Multi-sig | • Create proposals for whitelisted addresses | ||
| • Pause guardian - disable a select set of functions in the protocol in emergencies | ||||
| • Borrow limit guardian | 4-of-6 including 5 community contributors and Compound Labs | |||
| Curve | Emergency DAO | • Freeze or unfreeze a new pool contract | 5-of-9 community contributors | |
| Maker | Oracle Emergency Fund | |||
| -Note that Maker also has an emergency shutdown for the entire protocol, controlled by MKR holders. | • Pay gas to oracles in times of protocol distress. Used as an emergency backstop for the 3-of-5 Oracle Gas Costs multi-sig. | 2-of-3 team/unit members | ||
| Yearn | yGuard | • The yGuard can immediatlly intervene in case of attack or bug to shutdown or rollback strategies or vaults | ||
| • However, decisions issued by yTeams are ultimately executed on-chain by the main Multisig which has execution power, veto power, transitionary power | 6-of-9 team & community members | 1 YFI token each, with 3 years linear vesting | ||
| Idle Finance | Pause Guardian (controlled by the the Idle Dev Multisig) | • Pause, unpause, and call emergency shutdown. | 3-of-6 | |
| Team members, some listed here | ||||
| Balancer | Emergency subDAO | • Kill gauges, add tokens to deny list, enable recovery mode, shutdown pool contracts | 4-of-7 | |
| Community “maxis” and Balancer Labs team members. Unclear how members were chosen. | ‘Maxis’ receive quarterly compensation, primarily in locked up BAL tokens | |||
| Lyra | Guardian Account | • Can cancel a proposal before proposal is executed | ||
| • Fast track deposits and/or withdrawals when a circuit breaker or cooldown prevents processing | 4-of-7 with 5 council members and 2 core-team members | |||
| Aave | Community Guardian | • Veto against governance attacks | ||
| • Upgrade Aave V3 markets (following Snapshot vote) | ||||
| • Pause Aave markets (in case of emergency) | 6-of-10 community members | |||
| Hop Exchange | Community Multi-Sig | Treasury management | X-of-5 community members | ~$4500 per signer per year (~$375 per month), paid out in 70% HOP and 30% USDC |
| Notional | Pause Guardian Multi-Sig and Admin Control Multi-Sig | Pause Guardian: pause the entire protocol in case of an emergency | ||
| Admin Control: execute upgrades and governance changes | Pause Guardian: 2-of-3 composed of core team members | |||
| Admin Control:3-of-5 composed of 2 founders and 3 community members | ||||
| Nexus Mutual | Treasury multi-sig | Sign off on governance proposals passed by the community | 5-of-7 multi-sig composed of 1 team member, 3 seed investors, 3 community members | |
| Morpho | Morpho Operator | Perform emergency functions on behalf of the the DAO | 3-of-9 multi-sig composed of team members and investors/advisors | |
| mStable | ProtocolDAO | Contract upgrades and pause contracts of unhealthy baskets in the event of adverse conditions | 4-of-6 community contributors and team members | $1000 USD per signer, per month for 6 month term limits |
| Gearbox | Technical Multi-sig | |||
| and Financial Multi-sig | - Technical Multi-sig can change protocol parameters & architecture, and is needed to execute winning gov proposals |
Further studies can be found here.