Main Multisig spring cleaning
We need to restructure the Multisig a bit because Vojtech requested to be taken off as his responsibilities shift more onto his next projects. So while it is clear that we will respect his wishes, we have to be a bit careful about how to handle the situation, because Vojtech always was very active and quick to sign off on transactions.
To make visible who is on the multisig now and when the last time was when they were active, I made a spreadsheet
For successful execution of transactions, the quorum is currently set to 6 confirmations.
Vojtech leaving would put us in the yellow area where we would need to ping people that are not always active in the channel.
I will not make a proposal immediately about this, but make my voice heard in the thread here and would like to discuss the options at community meeting
Pol Lanski
Sat 2 Mar 2019 4:19AM
While I agree with the underlying problem of getting the RegularRewards timely and predictably, this feels it needs a bit more thought.
Dani
Sat 2 Mar 2019 2:38PM
This isn't what i was expecting - I thought we would make the funding more flexible based on what forms of currency are donated and available.
Poll Created Sat 9 Mar 2019 3:38PM
The Main Giveth Multisig should have 5 people removed and 4 or 5 people added Closed Thu 14 Mar 2019 8:03PM
Tension
V wants to resign from all the multisigs and our main multisig is full of inactive people.
Proposal
Let's remove Alex, Oz, Yalor, Quazia, and Vojtech and then make 2 other loomios to decide whether we should have 4 or 5 people added. There are 2 questions here:
1. Should we remove all of these people?
2. Do we keep 6 required signatures for this very important multisig.
Background
This is a really really important multisig... it controls the bridge, and therefore all of the funds held in the bridge and all of the permissions around who can do what in the bridge contract It is also our default address for donations.
The main multisig has these people on it and this is my assessment of their status:
Bowen available and active
Griff available and active
Kay available and active
Kris available and active
RJ available and active
Edu available and active
Jordi available and active
Yalor Not available and not active
Quazia Not available and not active
Oz Available but not active
Alex Available but not active
Vojtech Would like to resign, will be greatly missed
Giveth Deployment doc:
https://docs.google.com/document/d/1XExY55sCdH-gGgnMnzSHhbPZsMhmc6w2fHJ_Ro7ILyw/edit
Bridge Security Doc:
https://docs.google.com/document/d/1OUSLO-qmboncSf5tKP3Jo5JX__vvUZ7jnyfBdQhvA_4/edit
Explicit Duties
Owns the bridge
Receives donations and deals with those donations (hopefully we will get rid of that eventually)
Can cancel any payment in the bridge
Can pause the bridge completely and unpause it
Add tokens to the whitelist (in the bridge needs to be donw on rinkeby side as well)
Can change the max security guard delay
Can change the 2 day time lock in the bridge
can change the security guard
Can change the bridge service... and who can create payments to the bridge
can change the escape hatch caller
Can remove/change ownership
Has all the powers needed to decentralize the bridge
Can call the escapeHatch(address _token) in an emergency to move all the money out of the bridge for the specified token
Can call escapeFunds(address _token, uint _amount) to move some of the money out of the bridge to be extra cautious
Results
| Results | Option | % of points | Voters | |
|---|---|---|---|---|
|
|
Agree | 100.0% | 10 |
|
| Abstain | 0.0% | 0 | ||
| Disagree | 0.0% | 0 | ||
| Block | 0.0% | 0 | ||
| Undecided | 0% | 43 |
|
10 of 53 people have participated (18%)
Griff Green
Sat 9 Mar 2019 3:43PM
I think because it is such an important thing, requiring 6 signatures while yes it is annoying, it is worth the security benefit. its very hard to get 6 people to agree to do something bad and very difficult to get a hold of 6 different keys...
Kay
Sat 9 Mar 2019 7:38PM
Wow - what an avalanche of proposals! Will be interesting to see the results.
Loie
Sun 10 Mar 2019 4:06PM
so it's a 6 of 12 multisig? and adding 4 people would make it a 6 of 11, adding 5 would keep it at 6/12, correct? If so I'm for adding only 4, I think the majority dynamic here is valuable
Kris is
Sun 10 Mar 2019 10:39PM
Yes to point 1, for point 2 you have another loomio, so I follow the majority as an answer to that one.
Josh Fairhead
Mon 11 Mar 2019 3:03PM
3 unavailable, 2 inactive seems fair.
Kyle Kirchner
Thu 14 Mar 2019 4:44PM
Get me in here!!
Josh Fairhead · Sun 3 Mar 2019 4:06PM
I understood this proposal to mean we convert ETH (our general reserve currency of sorts) to DAI when DAI runs low. That was also my interpretation of the fireside but perhaps I'm wrong...