The Guardian role in the Compound governance module allows for the veto-ing of proposals. This is a helpful mechanism to provide an additional layer of security for the protocol to prevent governance takeovers. While this threat was greatest in the early days of the protocol when delegation was low and a vote AGAINST a malicious proposal might not have been feasible, it is still a valuable security measure to have.
As such, I propose to transition the Guardian role to a 3/5 Multisig.
Currently the Guardian is set to the YAM Deployer address, controlled by Brock. He has never had to use the Guardian, and in many ways its very existence acts as a deterrent, but it is an unnecessary single point of failure for the protocol and adds unnecessary risk to his person and the protocol.
Create a multisig with the following signers, create new Governor with multisig as governor, update admin of Timelock to new Governor:
Feddas (Full-time Ops)
Nate (Full-time Smart Contract)
Brock (Full-time Technical Lead)
0xE (Full-time Full Stack Dev)
Ronin (Chinese/English Translator + Moderator)
Poll to Measure Sentiment
- For Proposed Signers
- Against - Signer Revision Needed