# 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 --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ambient.finance/governance-and-policy/ops-and-treasury-multisigs.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.