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executedEnded 5 years ago ยท  Onchain

Set Pause Guardian to Community Multi-Sig

By 0x88FB...563981

The Pause Guardian is emergency functionality used to pause supply, borrowing, or liquidation in a market.

This proposal transfers guardianship from Compound Labs (which has always held this role) to Community Multi-Sig created by members of the community: 0xbbf3f1421D886E9b2c5D716B5192aC998af2012c.

The Multi-Sig requires 4-of-6 signers to approve any transaction. The signer addresses can be seen here on Gnosis Safe, and currently include @TennisBowling, @arr00, @blck, Compound Labs, Dharma Labs (@0age), and @jared. For full context and history on the Multi-Sig, please see this post on the Compound Community Forum.

Setting the Pause Guardian address to the Community Multi-Sig will further decentralize and ensure the security of the Compound Protocol.

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0
Votes 30
VoterCast PowerVote & Rationale
0x9AA8...62cCF1
321,052

FOR

0x6626...15c35c
126,089

FOR

Robert Leshner
105,130

FOR

0x54A3...61E189
100,074

FOR

0x8d07...e6A265
77,514

FOR

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VOTE POWER
0
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Proposal Status
  • Published Onchain Robert Leshner
  • Sat August 21 2021, 07:51 pmVoting Period Starts
  • Tue August 24 2021, 08:45 pmEnd Voting Period
  • Thu August 26 2021, 11:50 amQueue Proposal
  • Sat August 28 2021, 02:11 pmExecute Proposal
Current Results

1-FOR

1.127M

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
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