Saffron 6 of 9 Multisig Implementation
Today we’ve completed implementation of the Saffron 6 of 9 multisig, a significant security upgrade for the Saffron smart contract system. Governance functions on all Saffron pools and adapters will be phased in to the new multisig structure in the ongoing days to reduce attack surface.
Included in the multisig are the following:
- psykeeper (Saffron)
- Tom Schmidt (Dragonfly)
- Meltem Demirors
- Don Ho (Quantstamp)
- Kyle Samani (Multicoin)
- Marc Weinstein (Mechanism)
- Jeremy Kerbel (Kerve)
- turpintinz (Saffron)
- psyguy (Saffron)
The future of Saffron governance
Although multisig is a necessary and good step, it is not the ideal scenario; ideally the contracts would be entirely controlled by an on-chain governance mechanism. The long term goal is to create a fully decentralized autonomous structure. Every decision we make on the protocol level moves us closer toward this eventual goal.
For example,
There are over 5,800 unique addresses holding SFI and that number is growing at a fast pace. As Saffron continues to expand it will become more of an unstoppable and uncensorable protocol giving all users proportional ownership over decision making.
Thank you
I’d like to extend a special thank you to everyone on the list above entrusted to secure the Saffron protocol in this interim phase! The Saffron community as a whole is safer and stronger in your hands.
Join the community
Subscribe to the pages below for more events, updates, and information about Saffron and its unique ecosystem of decentralized finance applications.
Web3 app: https://saffron.finance
Telegram: https://t.me/saffronfinance
Discord: https://discord.gg/pDXpXKY
Twitter: https://twitter.com/saffronfinance_
Github: https://github.com/saffron-finance/saffron
