Ops & Treasury Multisigs
Governance of the Ambient protocol is ultimately controlled by the DAO multisigs. There are two primary multisig authorities, ops multisig and treasury multisig.
Ops multisig is meant for the day-to-day administration of the protocol. Ops has a restricted set of power, but more flexibility and speed. Ops multisig combines a Gnosis Safe behind a 12 hour timelock. Abilities of the ops multisig include:
Set and revise pool parameters (e.g. liquidity fees, tick spacing, JIT thresholds, etc.)
Initialize new pool type templates
Set, turn on or turn off the protocol fee
Set the sub-tick size price improvement token size threshold
Set the minimum liquidity commitment for newly initialized pool types.
Install policy oracle conduits with any power the ops multisig has.
Treasury multisig is reserved for more serious administrative actions. However it requires a higher degree of commitment and longer delay. Treasury multisig combines a Gnosis Safe behind a 5 day timelock. In addition to the standard ops multisig powers, the treasury multisig can also:
Upgrade the code in the DEX contract
Transfer authority of the DEX to a new policy controller contract
Collect the accumulated protocol fees in the DEX
Forcibly uninstall a policy oracle before its expiry time
Forcibly convert a permissioned pool to a permissionless pool (in case of misbehaving permission oracle)
Treasury Multisig
Treasury multisig is currently implemented as a 2-of-3 Gnosis Safe behind an OpenZeppelin timelock. The signers on the safe are three independent members of the project
@0xdoug
@miyuki_eto
@benwolski
The timelock is currently set to a delay of 2 days
The contracts are available here:
Gnosis Safe - 0xDBD8D583a18C99e7f5191351E6E739AF8e62DaC3
Timelock - 0x7237C120FCA2081f1A36AB933B065389174962B7
Ops Multisig
Ops multisig is currently implemented as a 2-of-3 Gnosis Safe behind an OpenZeppelin timelock. The signers on the safe are three independent members of the project
@0xdoug
@miyuki_eto
@benwolski
The timelock is currently set to a delay of 2 days
The contracts are available here:
Gnosis Safe - 0x9fACdcfb3b58D85d0440aF292D64480Ad2503A6e
Timelock - 0x41114A13230625A2735FaA7183e528Ed2538cB7b
Last updated