Emergency subDAO
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The is an idea pioneered by Curve that empowers a small group to “kill” pools and gauges in the event of malicious activity and/or potential loss of funds. The Balancer emergency subDAO was established after the .
The Emergency subDAO is a 4-of-7 multisig with the following members:
Solarcurve (0x512fce9B07Ce64590849115EE6B32fd40eC0f5F3)
Mike B (0xF01Cc7154e255D20489E091a5aEA10Bc136696a8)
Zekraken (0xafFC70b81D54F229A5F50ec07e2c76D2AAAD07Ae)
Zen Dragon (0x7c2eA10D3e5922ba3bBBafa39Dc0677353D2AF17)
Markus (0x6bB4720473d4D7133f944785e5EE1A650C07f34e)
Fernando (0xbbF0Ae5195444264364CA7eb7E3BB1971B4c3eCb)
Nico (0x815d654E930E840D0E0Ee1B18FFc8Fb4ddA4c6B3)
Gnosis safe addresses:
Ethereum:
Polygon:
Arbitrum:
Optimism:
An additional power of the Emergency subDAO will be to add a token to the deny list on the newly created “” contract. In order for a token to be added back to the allow list a veBAL governance vote would be required. A token would only be added to the deny list in the event of an issue along the lines of the recent .
updates the following permissions of the Emergency subDAO:
-enableRecoveryMode()
for Pools to provide a simple way to exit pools proportionally at the cost of disabling protocol fees (swaps, joins, etc. still work)
-denylistToken()
to prevent withdrawing certain tokens from the protocol fee withdrawer
-disable()
to shutdown pool factories ( this is to prevent further pools from being created, existing pools remain unaffected)