Community Multisig (4-of-6) Deployment

Governance Process
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This post references this Discord message posted in the #governance channel of the Compound Protocol Discord, and refers to Discord usernames from that channel.

In a community-driven effort with stewardship from @arr00, a Community Multisig has been deployed that can, through the governance process, be voted into usage by the protocol for a variety of purposes: for example, to act as Pause Guardian ; or in the future, to act as Borrow Limit Guardian .

Six community members have been proposed as signers in a 4-of-6 multisig:

1 - @aaaaaaaaaaaaa: 0x57ded091cea8ffb590d6d72ba64a816bfc3521ff
2 - @arr00: 0x2b384212edc04ae8bb41738d05ba20e33277bf33
3 - @blck: 0x54a37d93e57c5da659f508069cf65a381b61e189
4 - Compound Labs: 0x8b8592e9570e96166336603a1b4bd1e8db20fa20
5 - Dharma (@0age) : 0x7e4a8391c728fed9069b2962699ab416628b19fa
6 - @Jared F.: 0xF515DCb89e67bb5D52b857d11f6C0cC2aD7D0167

@arr00 has already created a multisig at 0xbbf3f1421D886E9b2c5D716B5192aC998af2012c using Gnosis Safe. @arr00 and @blck’s participation and addresses have already been confirmed, and been added as signers to that multisig.

The remaining proposed signers have been asked to confirm their addresses and participation in Discord. Following those confirmations, @arr00 will add all cofirmed addresses as signers to the multisig.

Subsequently, governance may choose to vote in the multisig for usage in the protocol.

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As an update, you can see a list of current owners/signers on the gnosis safe multisig here: https://gnosis-safe.io/app/#/safes/0xbbf3f1421D886E9b2c5D716B5192aC998af2012c/settings

So far, Compound Labs, Dharma, @arr00 , and @blck 's public keys have been added as owners/signers. We await addition of @aaaaaaaaaaaaa and @Jared F. , and then the Community Multisig will be ready for use as desired.

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Update: all addresses have been added and the Community Multisig is ready for use.

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@aaaaaaaaaaaaa has nominated TennisBowling to take his place in the multisig.

“Hey everyone. I was previously voted in to the compound multisig, see this post for details Community Multisig (4-of-6) Deployment
I now don’t have enough time to dedicate to this, so I am nominating @1⃣:sunrise::tennis: to take my place”

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Why not @wario?

He is an active community member and is always available in discord.

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While I agree that wario has been involved and active recently, he has only been active for the past two weeks. Tennis has been active on the Compound discord for the past year. I really do hope that wario remains active in the community and can take on future roles!

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Thanks @arr00!
Completely agreed, and I would add only involved in a pretty narrow topic. I hope to learn more about the protocol and its governance in the coming year!

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TennisBowling (0xc3aae58ab81663872dd36d73613eb295b167f546) has replaced aaaaaaaaaaaaa in the multisig.

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Regarding Compound proposal 57, can all of the multisig holders please confirm they are comfortable accepting the additional responsibility? I’ll vote for it, but I want to make sure we aren’t thrusting this additional responsibility if it is unwanted by anyone.

@TennisBowling
@arr00
@blck
@jared
@brendan_dharma
Compound Labs

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I’m fine with it. It was discussed a long time ago, while the multisig was being created.

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its ok for me.

[extra chars]

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I’m good with it.

[extra chars]

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We are comfortable with it and appreciate the community’s entrusting us with this responsibility.

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I accept

[extra chars]

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Compound Labs (0x8b8592e9570e96166336603a1b4bd1e8db20fa20) has stepped down from the multisig and they will be replaced by Gauntlet. Gauntlet will be using a 2/10 multisig at the address 0x683a4F9915D6216f73d6Df50151725036bD26C02 to participate in the community multisig.

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Noting here for clarity. The present Community Multisig members are as follows:

Paul L. (Gauntlet): 0xDD659911EcBD4458db07Ee7cDdeC79bf8F859AbC
0age (OpenSea): 0x7e4A8391C728fEd9069B2962699AB416628B19Fa
arr00: 0x2B384212EDc04Ae8bB41738D05BA20E33277bf33
blck: 0x54A37d93E57c5DA659F508069Cf65A381b61E189
Jared F.: 0xF515DCb89e67bb5D52b857d11f6C0cC2aD7D0167
TennisBowling: 0xC3AaE58Ab81663872dd36d73613eb295b167F546

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Jared will be stepping down from the multisig and replaced by Compound Labs (0xd04e545c665741cd99d1B9D9CD96396F0f8166FB). Additionally, OpenZeppelin (0x2C96F0403eabC1F11FE737566dEDB183A019763B) will be added as a signer. The new signer set will be as follows:

Paul L. (Gauntlet): 0xDD659911EcBD4458db07Ee7cDdeC79bf8F859AbC
0age (OpenSea): 0x7e4A8391C728fEd9069B2962699AB416628B19Fa
arr00: 0x2B384212EDc04Ae8bB41738D05BA20E33277bf33
blck: 0x54A37d93E57c5DA659F508069Cf65A381b61E189
TennisBowling: 0xC3AaE58Ab81663872dd36d73613eb295b167F546
Compound Labs: 0xd04e545c665741cd99d1B9D9CD96396F0f8166FB
OpenZeppelin: 0x2C96F0403eabC1F11FE737566dEDB183A019763B

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Compound Labs (0xd04e545c665741cd99d1B9D9CD96396F0f8166FB) has been replaced from the multisig and by Jun of PGov (0x3FB19771947072629C8EEE7995a2eF23B72d4C8A).

Transaction: Ethereum Transaction Hash (Txhash) Details | Etherscan

The latest signer set is as follows:

Paul L. (Gauntlet): 0xDD659911EcBD4458db07Ee7cDdeC79bf8F859AbC
0age (OpenSea): 0x7e4A8391C728fEd9069B2962699AB416628B19Fa
arr00: 0x2B384212EDc04Ae8bB41738D05BA20E33277bf33
blck: 0x54A37d93E57c5DA659F508069Cf65A381b61E189
TennisBowling: 0xC3AaE58Ab81663872dd36d73613eb295b167F546
Jun (PGov): 0x3FB19771947072629C8EEE7995a2eF23B72d4C8A
OpenZeppelin: 0x2C96F0403eabC1F11FE737566dEDB183A019763B

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A new signer has been added to the community multisig, Dmytriy B. of WOOF! Software.

Transaction: Ethereum Transaction Hash (Txhash) Details | Etherscan

The latest signer set is as follows:

Dmytriy B. (WOOF!): 0xd2A79F263eC55DBC7B724eCc20FC7448D4795a0C
OpenZeppelin: 0x2C96F0403eabC1F11FE737566dEDB183A019763B
Jun (PGov): 0x3FB19771947072629C8EEE7995a2eF23B72d4C8A
TennisBowling: 0xC3AaE58Ab81663872dd36d73613eb295b167F546
Paul L. (Gauntlet): 0xDD659911EcBD4458db07Ee7cDdeC79bf8F859AbC
0age (OpenSea): 0x7e4A8391C728fEd9069B2962699AB416628B19Fa
arr00: 0x2B384212EDc04Ae8bB41738D05BA20E33277bf33
blck: 0x54A37d93E57c5DA659F508069Cf65A381b61E189

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