[BIP-15] – Multisig Implementation and Members. Authors: @Morty. Summary.
09 May 2021, 08:46
📡📡📡 [BIP-15] – Multisig Implementation and Members
Authors: @Morty
Summary
Following the launch of BasisV2 on 26/4 and the passage of BIP-14, I propose to implement a Gnosis multisig that will control all aspects of the Basis Cash Protocol and eliminate the need for a timelock. The goal is to improve security for our users and facilitate quick deployments/fixes as needed.
I propose to have 5 members on the multisig, with 3 signatures being required to approve any transaction (3/5).
3 Core Team members will join the multisig:
- Morty
- yyctrader
- Wayne
The remaining 2 slots will be filled based on the results of this vote.
Motivation
Basis Cash was launched fairly, with 100% of Basis Shares being distributed to the community. It has always been the team’s intent to develop Basis Cash as a public good for the broader DeFi community, as a truly decentralized stablecoin with no single point of failure is sorely needed by the market.
As we transition to a full DAO with the implementation of the multisig, I believe we must also ensure as a community that control of the Basis Cash protocol is also decentralized. As such, we have 11 worthy candidates that have volunteered to serve on our multisig.
1. DOODLE DIP : Active Community Member
2. Hugh : Active Community Member
3. Larry the Cucumber : Founder/CEO of Pickle Finance
4. Void : Active Community Member
5. ilehe : Active Community Member
6. qa1q : Active Community Member
7. hutian280 : Active Community Member
8. Taylor : Active Community Member
9. q123wea : Active Community Member
10. 种种 : Active Community Member
11. Rocz : Active Community Member
Please vote on the following link, 0500 UTC 9th May - 0500 UTC 10th May.
The multisig process will be done within 24 hours after the vote is finished.
Same news in other sources
109 May 2021, 19:55
BIP-15 to elect @BasisCash Multisig signers is currently being voted on by the community 🗳️
$BAS stakers, please vote👇
Voting ends in 9 hours at 0500 UTC
BIP-15 to elect @BasisCash Multisig signers is currently being voted on by the community. $BAS stakers, please vote.
BIP-15 to elect @BasisCash Multisig signers is currently being voted on by the community 🗳️
$BAS stakers, please vote👇
https://t.co/JoMRFuTPpK
Voting ends in 9 hours at 0500 UTC