Balancer
Balancer V2
Balancer V2
  • Protocol Overview
  • Developer Docs
  • Products
    • The Vault
      • Flash Loans
    • Balancer Pools
      • Weighted Pools
      • Composable Stable Pools
      • Liquidity Bootstrapping Pools (LBPs)
      • Managed Pools
        • Asset Managers
      • Boosted Pools
      • Custom Pools
    • Smart Order Router
    • Balancer CoW Protocol
    • Oracles (deprecated)
  • Concepts
    • Math
      • Weighted Math
      • Stable Math
    • Fees
  • Ecosystem
    • Governance
      • Governance Process
        • RFC/Proposal Forum Post Template
      • BAL Governance Token
      • Snapshot
      • Multisig
        • Other DAO Multisigs
      • Governable Protocol Fees
      • Emergency subDAO
    • Community
      • Ballers
      • Delegation
      • Grants
    • veBAL and Gauges
      • veBAL
        • How veBAL Works
        • How To Use veBAL
        • How veBAL Boosting Works
          • Working Supply
          • Calculating My Boost
          • Minimum veBAL for Max Boost
        • BIP19 and Yield Bearing Tokens
      • Gauges
        • How Gauges Work
        • How To Use Gauges
  • Security
    • Audits
    • Bug Bounties
    • Emergency Pause
    • Token Compatibility
    • Balancer x Certora Accelerator
  • Getting Started
    • FAQs
      • Swapping
      • Liquidity
      • Liquidity Mining with the veBAL and Gauge System
      • Liquidity Mining (Legacy)
      • Fees
      • Governance
      • The Vault
      • Pools and LBPs
      • Asset Managers
      • Oracles
      • About Balancer Protocol and Labs
      • V2 in a Nutshell
      • V1 ➝ V2 Migration
    • Walkthroughs
      • Trade
      • Invest
    • Contribution Guide
  • Community
    • Discord
    • Forums
    • Medium
    • Dune Analytics
  • Developers (Deprecated)
    • !!! DEPRECATED !!! ⛔
    • Guides
      • Pool Verification
    • Smart Order Router V2
    • GitHub
Powered by GitBook
On this page

Was this helpful?

  1. Ecosystem
  2. Governance

Emergency subDAO

The Emergency DAO 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 following vote.

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: 0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888

  • Polygon: 0x3c58668054c299bE836a0bBB028Bee3aD4724846

  • Arbitrum: 0xf404C5a0c02397f0908A3524fc5eb84e68Bbe60D

  • Optimism: 0xd4c87b33afcE39F1E3F4aF1ce8fFFF7241d9128B

An additional power of the Emergency subDAO will be to add a token to the deny list on the newly created “ProtocolFeesWithdrawer” 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 Synthetix bug disclosure.

The BIP139 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)

PreviousGovernable Protocol FeesNextCommunity

Last updated 2 years ago

Was this helpful?