The following reflects the views of L2BEAT’s governance team, composed of @krst and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We’re voting in favor of the proposal as we believe the outlined multisig service has the potential to save the DAO and its contributors time and money, and it’s something worth experimenting with. We’ll also be voting in favor of having R3gen Finance’s monthly report, as we believe that information is useful.
Having said that, with the report priced the way it is, we expect the R3gen Finance team to allocate the necessary resources in terms of time and manpower to be available to the DAO to answer any questions related to their reports. We’d also expect them to be able to handle ad-hoc requests related to their financial reporting as they arise and adapt the reports’ scope and structure to changing DAO needs.
Furthermore, we have 2 things that we’d like to see addressed before the proposal goes to an on-chain vote:
- We’d like to work with R3gen Finance and delegates to ensure alignment on the report’s scope.
- In addition to signers going through KYC, we would like to see the structure of a legal agreement that binds the signers to act in good faith and protects them from any liability that comes with executing a transaction.
In the execution process outlined in the proposal, the multisig signers are not responsible for verifying the requested transaction or for vetoing it - that responsibility lies with the ‘payment approver.’ Therefore, we should protect the signers from any liability arising from executing a payment.
Lastly, we believe the MSS should be very responsive to ensure timely payment execution, and we’d like to point out that inactive signers should be promptly removed and replaced.