Regenesis Labs Multisig Configuration
As previously stated, and after conversations with the ED and DAO Committee, we will publicly disclose the full details of the Multisig configuration and its designated signers.
Address: 0x93AcCD5b8AEE795C6efcfdEDFE4a292e59e00e84
The initial set-up for the new MultiSig wallet that will hold the Regenesis Labs assets will be governed by 5 signers:
3 wallets from DAO Council members
- @Canessa
- 0xfa5299221f56Ef1A7b0FdD957E3e0513265d9Ce8
- @Fehz
- 0x41FC2e74c497244C2A826494e0c38e3274BC7659
- @Agus
- 0x5D3935c5831CacE133140cD5dd21bCd64f72F804
2 wallets from Regenesis Labs
- @ginoct
- 0x0030d4AAf6d8716C1B12d6C912AedB100351BaB3
- 0x71C23e51104Babc7aF1BB93fD44242F7D4b7d59A
To execute this initial set of transactions from the DAO Treasury to Regenesis Labs treasury, a minimum threshold of three out of five signatures will be required for the multisig configuration. This temporary arrangement will allow progress while the ED hires and appoints other operational roles to the vacant Multisig seats during the early phases of fund management.
After the initial set of transactions, once Regenesis Labs hires and appoints at least two trusted members to hold signing authority, the multisig’s power balance will shift. The three out of five threshold will remain, but the composition will change to three signers from Regenesis Labs and two from the DAO Council (@Agus will be removed as a signer).
Canessa and Fehz will retain their roles as signers with veto authority, while day-to-day financial management will transition to the Regenesis Labs, looking towards efficiency without compromising oversight. To accomplish this, we will use a custom module to allow DAO Council signers to block the transaction during the cooldown period.
This configuration will become the default, aiming to balance the accountability and distribution of power between the DAO Council and Regenesis Labs.