How Does On-Chain Governance Integrate with Multisig Execution?
On-chain governance typically involves token holders voting on a proposal, and if passed, the smart contract system triggers the final execution. The multisig wallet acts as the execution layer, where the pre-approved signers confirm the transaction parameters dictated by the successful governance vote.
This links democratic decision-making to secure fund movement.
Glossar
Governance Failure Impact
Consequence ⎊ The immediate consequence of a governance failure is often a sharp repricing of the associated token and derivatives, reflecting the market's reassessment of protocol risk and centralization vectors.
Multisig Execution
Security ⎊ Multisig execution, short for multi-signature execution, is a cryptographic security protocol requiring multiple private keys to authorize a transaction.