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:
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.