1.6 KiB
| type | domain | description | confidence | source | created |
|---|---|---|---|---|---|
| claim | internet-finance | The Colosseum deal uses a 5/7 multisig with members from both parties to execute the multi-step OTC trade, showing how futarchy proposals handle execution complexity | experimental | MetaDAO Colosseum proposal execution structure, March 2024 | 2026-03-15 |
Futarchy-governed DAOs use multisig escrow with mixed party composition for complex transaction execution
The proposal transfers 2,060 META to a Squads multisig wallet with 5/7 threshold, composed of 2 Colosseum members and 5 MetaDAO members (MetaProph3t, 0xNallok, Cavemanloverboy, Dean, Durden). The multisig follows an 8-step execution protocol: accept META, accept USDC, calculate price, confirm balances, determine allocation, transfer 20% immediately, configure Streamflow vesting for 80%, and return excess META to treasury. This structure is necessary because the on-chain proposal can only authorize the initial transfer, but the complex conditional logic (TWAP calculation, vesting setup, excess return) requires trusted execution. The mixed composition creates accountability without giving either party unilateral control. The over-allocation of META (2,060 vs estimated need) provides execution flexibility across a wide price range - if TWAP is $250, only 1,000 META is needed and 1,060 returns to treasury.
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