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 for 12 months, from November 1st 2025, 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. Members will be elected for a 12 month period.
Signers would be coordinated via a channel used solely for this purpose on the Parallel discord or via telegram.
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. As the current mandate comes to an end, we propose to increase the maximum monthly compensation from $150 to $200, with the lower tiers raised proportionally:
- 90 + signed: $200 (in USDp or equivalent)
- 70 + signed: $140 (in USDp or equivalent)
- 50 + signed: $100 (in USDp or equivalent)
- 30 + signed: $60 (in USDp or equivalent)
- 30 - signed: nothing
The total maximum cost would be $2,400 per member per 12 months (or up to $19,200 per 12 months for 8 signers). The compensation payment per member will continue to be published on the discord 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.
Current signers, participation recap
The 8 signers elected in the last election are listed below, together with the number of multisig transactions they signed each month over the 11 complete months of the current mandate (November 2025 to September 2026). The DAO multisigs submitted 531 transactions over this period, across all chains (including HyperEVM, whose safes were migrated during the mandate).
| Month | Multisig txs | Signer cost* | Jean Brasse | Squirrely | Alex | Arjpet | Starny | Georgeous | Boka | Lelba |
|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2025 | 60 | $630 | 59 | 50 | 49 | 35 | 28 | 37 | 32 | 9 |
| Dec 2025 | 49 | $720 | 47 | 46 | 37 | 18 | 30 | 45 | 15 | 3 |
| Jan 2026 | 25 | $660 | 25 | 25 | 17 | 20 | 22 | 16 | 0 | 0 |
| Feb 2026 | 56 | $690 | 55 | 50 | 52 | 42 | 37 | 44 | 0 | 0 |
| Mar 2026 | 83 | $690 | 81 | 80 | 74 | 59 | 48 | 63 | 0 | 0 |
| Apr 2026 | 30 | $705 | 29 | 27 | 27 | 18 | 15 | 26 | 4 | 0 |
| May 2026 | 88 | $720 | 88 | 83 | 83 | 52 | 39 | 83 | 12 | 0 |
| Jun 2026 | 19 | $660 | 19 | 13 | 19 | 15 | 16 | 11 | 2 | 0 |
| Jul 2026 | 44 | $705 | 44 | 44 | 44 | 40 | 38 | 3 | 7 | 0 |
| Aug 2026 | 10 | $750 | 10 | 10 | 10 | 10 | 10 | 0 | 0 | 0 |
| Sep 2026 | 67 | $750 | 67 | 67 | 65 | 66 | 65 | 0 | 0 | 0 |
| Total | 531 | $7,680 | 524 | 495 | 477 | 375 | 348 | 328 | 72 | 12 |
*Signer cost = the signer set’s compensation for that month under the current scale, derived from the actual signing history.
| Signer | Address | Signatures (11 months) | Compensation (11 months, current scale) |
|---|---|---|---|
| Jean Brasse | 0xBabB038737A7Ae0DcA02075E79ed5B7704C29827 |
524 | $1,650 |
| Squirrely | 0x8222624aE36fA6d21e32801cCa2B5AF54669e290 |
495 | $1,485 |
| Alex | 0x244a875233a8898aA97753CD919857271079682c |
477 | $1,440 |
| Arjpet | 0xD758e17c0d96a6C753995D86e891E07286858130 |
375 | $1,140 |
| Starny | 0x79603115Df2Ba00659ADC63192325CF104ca529C |
348 | $1,005 |
| Georgeous | 0x35b3e718aAfd5F932450eeb8690D022a96AAd78a |
328 | $840 |
| Boka | 0x4C5d1029C2c64fC6477529d5A391cA667a514B4C |
72 | $120 |
| Lelba | 0x06C24D990EaAC2659565827788BDDb8c8fe31142 |
12 | $0 |
| Total | 2631 | $7,680 |
Over the 11 complete months of the mandate, the compensation of the signer set totals $7,680, against a theoretical maximum of $13,200 (8 signers × 11 months × $150), i.e. ~58% of the maximum. On a full 12-month mandate the current scale caps the cost at $14,400; the scale proposed above raises that ceiling to $19,200.
Means:
- Human Resources: Multisig signers will need to sign transactions to execute the proposal
- Treasury Resources: Up to $200 per month per signer (or up to $19,200 per 12 months for 8 signers).
Technical implementation:
After elections, new signers will be added to existing gnosis safe multisigs that control the protocol, the received PRL inflation and the insurance fund.
Safe Multisigs:
- Protocol:
- Ethereum: Safe{Wallet}
- Polygon PoS: Safe{Wallet}
- Base: Safe{Wallet}
- Sonic: Safe{Wallet}
- Arbitrum: Safe{Wallet}
- Optimism: Safe{Wallet}
- Gnosis: Safe{Wallet}
- Linea: Safe{Wallet}
- Scroll: Safe{Wallet}
- Avalanche: Safe{Wallet}
- BSC: Safe{Wallet}
- Sei: Sei Safe – Dashboard
- Tac: TAC Safe – Dashboard
- HyperEVM: Safe{Wallet}
- Insurance Fund:
- EVM chains: Safe{Wallet}
- HyperEVM: Safe{Wallet}
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
- ….
- Signer 8
- Abstain
- Against / Rework the Proposal
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 October 25th 2026, elections will start on October 26th 2026. Members will be elected for a 12 month period, starting November 1st 2026.
Author(s): Cooper Labs