★ Low-threshold multisig vs TVL

Evidence summary #

Program Upgrade 3/4 with 24h timelock; Treasury 3/5. At $1B TVL, these thresholds are at the acceptable lower bound for the TVL tier. The 24h timelock compensates for the 3/4 threshold vs higher-N alternatives. No abnormally low threshold identified (e.g., 1/3 or 2/5 without timelock).

Sources #

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 →