Arbitrum DAO Multisig Signers
A multisignature wallet, also known as a multisig wallet, utilises multiple private keys to access cryptocurrency assets or transfer them. The parties use smart contracts to determine the access rules when accessing the wallet. The Arbitrum DAO implements multisig wallets across a range of its projects, committees and programs to provide additional security around all payments either made from the DAO or impacting the DAO directly. Signers on these wallets are often compensated for their time spent reviewing payments and queue transactions. Further analysis is presented below:
STIP Backfund
ADPC ARDC DIS
STIP
LTIP TOTAL
Time Period (months)
6
6
6
3
2
3
limes
6,000 6,000
6,000 1,000 1,000
14,000 13,000 12,000 12,000 12,000
disruptionjoe [Plurality Labs]
6,000 1,000
maxlomu
6,000 6,000 6,000 6,000
msig.jojothecow
dk.3anon
6,000
6,000
i’m.nevergoingtogiveyouup
6,000 1,000 1,000
8,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 6,000 6,000 6,000 6,000 6,000 6,000 1,000 1,000
Joseph
6,000
1,000
arbitrum.karelvuong
6,000 1,000 6,000 1,000 6,000 1,000 6,000 1,000 6,000 1,000 6,000 1,000
Coinflip
jacksanyoda nathanvdh
shawn164 [Plurality Labs]
Soby
0xfrisson
6,000 6,000
cattin
0x49fc6bF201BC5F97b6B343aAFee26114d0aa7319 0x83D7b93A20cb17579B913898a970F0EeC96b78D7
6,000 6,000
Dan
6,000 6,000
klausbrave
0x5a35923eD6950EFF4412eF6d27CeA8b1d405a844
1,000 1,000
msig.alexlumley
TOTAL
30,000 30,000 30,000 54,000 9,000 5,000 158,000
The DAO, across the 6 major spending programs, will spend ARB158k on fees to signers on multisig wallets - at $1.9451/ARB (price as of March 31st) that is ~USD307k for the defined time periods. These figures were then annulised to show the multisig signing fee over a year, assuming similar projects are embarked on at similar fees - each individual program's fees were annualised to reflect their cost had they been a 12 month program. ARB470k ~USD914k Annualised multisig fees.
Multisig Fees (ARB)
200k
+87k 158k
150k
100k
+8k
+12k
+12k
50k
+12k
+13k
+14k
0
24
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