# PIP-53 l DAO Multisig Election 8 **URL:** \ **Category:** Approved PIPs\ **Created:** [October 28, 2025, 3:32pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498 "2025-10-28T15:32:11Z")\ **Posts on this page:** 12\ **Page:** 1
**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\ **Post date:** [October 28, 2025, 3:32pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/1 "2025-10-28T15:32:11Z")
**Summary:** The proposal aims to re-elect 8 signers for a 12 months period that will manage the DAO multisigs, including proposals execution, treasury management & insurance fund management. **Context:** The mandate of the DAO Multisigs signers [elected](https://gov.mimo.capital/t/pip-38-l-dao-multisig-election-6/423/11) for 6 months, from November 1, 2024, is coming to an end, therefore time has come for a new election. **Rationale:** The multisig would still be composed by 8 members and would require at least 5 signatures to execute a transaction. We proposed to increase mandate duration from 6 to 12 months. Signers would be coordinated via a channel used solely for this purpose on the Parallel [discord](https://discord.gg/mimodao). Being a multisig signer is not something to be taken lightly. Multisigs signers have full control over the protocol, the slightest mistake can have very important consequences for the users of the protocol as well as the protocol itself. Multisig signers are compensated in USDp (or equivalent) tokens every month with a scale based on the % of signatures made per month; this for the risks taken and the time spent to verify transactions: - 90 + signed: $150 (in USDp or equivalent) - 70 + signed: $105 (in USDp or equivalent) - 50 + signed: $75 (in USDp or equivalent) - 30 + signed: $45 (in USDp or equivalent) - 30 - signed: nothing The total maximum cost would be $900 per member per 6 months (or up to $7,200 per 6 months for 8 signers). The compensation payment per member will continue to be published on the [discord](https://discord.gg/mimodao) and on this [google sheets](https://docs.google.com/spreadsheets/d/1cNxX_qyBMjulBNoPP3a_vcYWHPri84i1_rJ9Czlkyc8/edit?usp=sharing) every 6 months to keep the maximal transparency on treasury spending. Payment of compensations will be made every 6 months by DAO Multisig on the chain agreed by multisig signers. If you wish to become a multisig signer, please introduce your application (with the address that would be used to sign) in this forum post before November 9th 2025, elections will start on November 10 2025. Members will be elected for a 12 month period, starting November 1st 2025. **Means:** - Human Resources: Multisig signers will need to sign transactions to execute the proposal - Treasury Resources: Up to $150 per month per signer (or up to $7,200 per 6 months for 8 signers). **Technical implementation:** After elections, new signers will be added to existing gnosis safe multisigs that control the protocol, the received MIMO inflation and the insurance fund. Safe Multisigs: - Protocol: - Ethereum: [Safe{Wallet}](https://app.safe.global/home?safe=eth:0x25Fc7ffa8f9da3582a36633d04804F0004706F9b) - Polygon PoS: [Safe{Wallet}](https://app.safe.global/home?safe=matic:0x2046c0416A558C40cb112E5ebB0Ca764c3C5c32a) - Fantom: [Fantom Safe](https://safe.fantom.network/#/safes/0x174162ddecE9d0b7B68fd945e38c3372C4C818ba/balances) - Base: [Safe{Wallet}](https://app.safe.global/home?safe=base:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Sonic: [Safe{Wallet}](https://app.safe.global/home?safe=sonic:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Arbitrum: [Safe{Wallet}](https://app.safe.global/home?safe=arb1:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Optimism: [Safe{Wallet}](https://app.safe.global/home?safe=oeth:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Gnosis: [Safe{Wallet}](https://app.safe.global/home?safe=gno:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Linea: [Safe{Wallet}](https://app.safe.global/home?safe=linea:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Scroll: [Safe{Wallet}](https://app.safe.global/home?safe=scr:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Avalanche: [Safe{Wallet}](https://app.safe.global/home?safe=avax:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - BSC: [Safe{Wallet}](https://app.safe.global/home?safe=bnb:0xC5201FFE258a95Af986E7cD1fcaD54f3f63f2C95) - Sei: [Sei Safe – Dashboard](https://sei-safe.protofire.io/home?safe=sei:0x1AD681fa147f35AB7B35c7a289B1938Bc0171e8b) - Tac: [TAC Safe – Dashboard](https://safe.tac.build/home?safe=tac:0x1AD681fa147f35AB7B35c7a289B1938Bc0171e8b) - HyperEVM: [Den Frontier Safe – Dashboard](https://safe.onchainden.com/home?safe=hyperevm:0x5C1232b4F5fdb34d487C934ADF5d4e5c01fE34be) - Insurance Fund: - EVM chains: [Safe{Wallet}](https://app.safe.global/home?safe=eth:0x6aF71a3723D3c0Ed69f84EE259c9De3019C2a77c) - HyperEVM: [Den Frontier Safe – Dashboard](https://safe.onchainden.com/home?safe=hyperevm:0x5826be671E80d5546f04886e3Fe19d4750201A99) **Voting Options:** This will be a cumulative vote, where 8 members are selected by the highest vote count. - Signer 1 - Signer 2 - Signer 3 - Signer 4 - …. - Abstain - Against / Rework the Proposal Author(s): [@JeanBrasse](https://gov.mimo.capital/u/jeanbrasse) from Mimo Labs ---
**Author:** ![Alex-M](https://avatars.discourse-cdn.com/v4/letter/a/ed655f/32.png) [@Alex-M](https://gov.parallel.best/u/Alex-M)\ **Post date:** [October 28, 2025, 6:13pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/2 "2025-10-28T18:13:07Z")
Hi everyone, I got used to being a Multisig signer over the past six months and I would be happy to continue in this role over the next 12 months. My address is : 0x244a875233a8898aA97753CD919857271079682c Thank you ---
**Author:** ![Squirrely](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/squirrely/32/202_2.png) [@Squirrely](https://gov.parallel.best/u/Squirrely)\ **Post date:** [October 28, 2025, 7:08pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/3 "2025-10-28T19:08:24Z")
Hello \*, I am curious to continue this journey and I want to run again for the DAO Multisig Election 8. My address is: 0x8222624aE36fA6d21e32801cCa2B5AF54669e290 ---
**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\ **Post date:** [October 29, 2025, 7:01pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/4 "2025-10-29T19:01:37Z")
I’d like to run again as a DAO Multisigs signer for another term. I’ve been working at Mimo Labs for over 3 years now as Head of DeFi, initiating multiple proposals (see the [forum](https://gov.parallel.best/)). I’ve also been a Multisigs DAO signer since its inception, with over 99% of transactions signed (see [here](https://docs.google.com/spreadsheets/d/1cNxX_qyBMjulBNoPP3a_vcYWHPri84i1_rJ9Czlkyc8/edit?gid=0#gid=0)), and have initiated the majority of voted transactions after their votes. My address: 0xBabB038737A7Ae0DcA02075E79ed5B7704C29827 ---
**Author:** ![Lelba](https://avatars.discourse-cdn.com/v4/letter/l/dc4da7/32.png) [@Lelba](https://gov.parallel.best/u/Lelba)\ **Post date:** [October 29, 2025, 7:56pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/5 "2025-10-29T19:56:14Z")
Hi, Happy to continue being the DAO MultiSig signer. My address: 0x06C24D990EaAC2659565827788BDDb8c8fe31142 ---
**Author:** ![starny](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/starny/32/32_2.png) [@starny](https://gov.parallel.best/u/starny)\ **Post date:** [October 30, 2025, 12:30am UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/6 "2025-10-30T00:30:22Z")
I renew my application: 0x79603115Df2Ba00659ADC63192325CF104ca529C (I may change wallet in the next coming weeks) ---
**Author:** ![george](https://avatars.discourse-cdn.com/v4/letter/g/71e660/32.png) [@george](https://gov.parallel.best/u/george)\ **Post date:** [October 30, 2025, 4:43am UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/7 "2025-10-30T04:43:01Z")
Hey, I want to continue being involved as a Multisig DAO. Already used to it and signing the transactions fast. 0x35b3e718aafd5f932450eeb8690d022a96aad78a ---
**Author:** ![arjpet](https://avatars.discourse-cdn.com/v4/letter/a/dfb087/32.png) [@arjpet](https://gov.parallel.best/u/arjpet)\ **Post date:** [November 2, 2025, 8:00pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/8 "2025-11-02T20:00:23Z")
Hi there. From start i am with the team of multisig signers. Would love to do it the next period aswell. 0xd758e17c0d96a6c753995d86e891e07286858130 ---
**Author:** ![Rafik](https://avatars.discourse-cdn.com/v4/letter/r/9d8465/32.png) [@Rafik](https://gov.parallel.best/u/Rafik)\ **Post date:** [November 6, 2025, 1:34am UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/9 "2025-11-06T01:34:57Z")
Hello, I’d like to run for the DAO Multisig Election 8. My address is: 0x1d5efF7fDC9EEB7C371Ad1780C462c8a8fBcaEb1 Cheers ---
**Author:** ![Boka](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/boka/32/151_2.png) [@Boka](https://gov.parallel.best/u/Boka)\ **Post date:** [November 10, 2025, 2:39pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/10 "2025-11-10T14:39:24Z")
Hello, I would like to renew my service as a multisig signer : boka.eth : 0x4C5d1029C2c64fC6477529d5A391cA667a514B4C ---
**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\ **Post date:** [November 10, 2025, 7:00pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/11 "2025-11-10T19:00:12Z")
The proposal is now live on Snapshot from November 10th to November 19th: [https://vote.parallel.best/#/proposal/0x082a0b916a6a3e14aaa3480dfa3626dc8f8c87a6a778fc04dd08498c20cff867](https://vote.parallel.best/#/proposal/0x082a0b916a6a3e14aaa3480dfa3626dc8f8c87a6a778fc04dd08498c20cff867) ---
**Author:** ![JeanBrasse](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.parallel.best/jeanbrasse/32/28_2.png) [@JeanBrasse](https://gov.parallel.best/u/JeanBrasse)\ **Post date:** [November 26, 2025, 8:44pm UTC](https://gov.parallel.best/t/pip-53-l-dao-multisig-election-8/498/13 "2025-11-26T20:44:37Z")
The proposal has been approved by the DAO. Results: [https://vote.parallel.best/#/proposal/0x082a0b916a6a3e14aaa3480dfa3626dc8f8c87a6a778fc04dd08498c20cff867](https://vote.parallel.best/#/proposal/0x082a0b916a6a3e14aaa3480dfa3626dc8f8c87a6a778fc04dd08498c20cff867) Elected signers: - Arjpet - Squirrely - George - AlexM - Jean Brasse - Lelba - Starny - Boka