★ Low-threshold multisig vs TVL
Liquid Collective (LsETH)'s assessment for RD-F-028 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
CRITICAL: At $766.86M TVS, the Executor Safe is 2-of-3 EOA signers with zero execution delay — critically low. The Proxy Admin Safe (4-of-7) controls ALL proxy upgrades with no timelock. Peer norm at this TVL: Lido (8-of-11 + 48h TL), Aave v3 guardian (5-of-9), Rocket Pool oDAO (14-of-19 + 2d TL). 4-of-7 no-delay at $767M is materially below peer norm. The Executor Safe at 2-of-3 is especially low — only 2 of 3 EOA signers needed to execute protocol operations with no delay.
Sources #
- InternalData cache — Executor Safe 2-of-3 and TVL $766.86M.research/protocols/liquid-collective/00-data-cache.json §sources.safe_multisigs[2].threshold=2, owner_count=3 and §sources.defillama.tvl_usd=766856008retrieved 2026-05-16
- Liquid Collective: Executor Safe — 2-of-3 Gnosis Safe0xDE55C9dc78f985fE1502484Cb98EBfAB66A56B62retrieved 2026-05-17
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 →