★ Low-threshold multisig vs TVL
Jupiter Perpetual Exchange's assessment for RD-F-028 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Squads v4 multisig config AxkJ8oH5aDu4ZRWfsujPtxdb6Vhq4gDehpoReBgrUUSm decoded on-chain: threshold=4, members=7 (4-of-7). The low-threshold red trigger is <=2-of-N; 4-of-7 (57% supermajority) is not low-threshold. Consistent with peer protocols at similar TVL (Sanctum Router 4/7, Jupiter aggregator 4/7, Kamino KLend 5/10). At $691M TVL, 4/7 is a reasonable majority threshold. Updated from not_assessed: on-chain decode resolved.
Sources #
- InternalSOLANA_GOVERNANCE.md curated empirical reference tableSOLANA_GOVERNANCE.md empirical reference: Sanctum Router 4/7 Squads v4; Jupiter v6 4/7 Squads v3 — 4/7 is cohort-normal not low-thresholdretrieved 2026-05-16
- Squads v4 multisig config AxkJ8oH5 on SolscanOn-chain decode of Squads v4 multisig config AxkJ8oH5aDu4ZRWfsujPtxdb6Vhq4gDehpoReBgrUUSm: threshold=4 (u16 LE), members vec=7 per SOLANA_GOVERNANCE.md Step4 Squads v4 layoutretrieved 2026-05-16
Methodology #
Determine whether the multisig threshold is abnormally low relative to TVL peer cohort (e.g., 2-of-3 for a protocol with >$100M TVL where peer norm is 5-of-8).
See the full factor methodology and distribution across all protocols →