# Protocol Governance During beta multisig SAFE (currently composed of a 4/7 risk-assessment team) is used to manage protocol upgrades and risk assessment. Updates are made for both the BOB stablecoin and the associated [zkBob](https://docs.zkbob.com/zkbob-overview/readme) application The 4/7 threshold was established with GP 0 and updated with GP 4. Protocol updates are handled through the SAFE. For more info on governance see the [BOB DAO](https://bob-docs.zkbob.com/bob-dao) page. {% hint style="info" %} * The Governance SAFE address is [0xd4a3D9Ca00fa1fD8833D560F9217458E61c446d8](https://app.safe.global/matic:0xd4a3D9Ca00fa1fD8833D560F9217458E61c446d8/home) {% endhint %} In addition to [inventory management](https://bob-docs.zkbob.com/bob-dao/inventory), the beta governance team also proposes and completes protocol updates. Details regarding specific updates are linked below. **GP** stands for **Governance Proposal**. | GP # | Purpose | Transaction | | ----------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | [GP 0](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-0-increase-safe-membership) | Increase SAFE multisig to 3/6. | [0xd2a....300d](https://polygonscan.com/tx/0xd2a85a7b31ac91dfdd7737c234209c7695090720dedc970629f57cf542e2300d) | | [GP 1](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-1-bob-swap-beta-testing-infrastructure) | Instantiate BobVault (BobSwap) for beta testing. | [0x642....7994](https://polygonscan.com/tx/0x642b0e7fbc2c0cacfb6641fb28b625784513e6db3ee5efba75dd405ad4a27994) | | [GP 2](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-2-upgrade-contracts-to-v1.0.0) | Upgrade Contracts to v1.0.0 based on Security Audit Findings. | [0x755....cfb2](https://polygonscan.com/tx/0x755e2e240563b151e96b9bb52721e8361e1782697b092f32bb9fc23a8797cfb2) | | [GP 3](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-3-enable-bob-swap-for-public-use) | Enable BobVault (BobSwap) for public use. | [0xb29....19bc](https://polygonscan.com/tx/0xb29d804f5d2324a458dbbaff2c5da7d5e73c286bf42891f5816b030dfac119bc) | | [GP 4](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-4-increase-multisig-and-upgrade-bob-contract-on-all-networks) | Increase Multisig to 4/7 and upgrade BOB on all networks | See [GP 4](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-4-increase-multisig-and-upgrade-bob-contract-on-all-networks) for txs on each network. | | [GP 5](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-5-enable-bob-swap-on-ethereum-mainnet) | Enable BobVault (BobSwap) on Ethereum mainnet. | [0x1e3....c270](https://etherscan.io/tx/0x1e33247389a04b8ffea082267821a9ccf2d79826812035d1256cb60b477bc270) | | [GP 6](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-6-upgrade-zkbob-to-support-direct-deposits) | Upgrade zkBob to support direct deposits. | [0xf2c0....e90f](https://polygonscan.com/tx/0xf2c0a7e661691354fc9bf01ff4e00a3d1ab515afc4b0da3305c7d7e90f47519f) | | [GP 7](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-7-increase-multi-chain-inventory-and-update-bob-swap) | Increase multichain inventory and update BobSwap | See [GP 7](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-7-increase-multi-chain-inventory-and-update-bob-swap) for txs on each network | | [GP 8](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-8-extend-pool-limits-for-kycd-users) | Extend pool limits for KYC'd users | [0xd1f3....8fb3](https://polygonscan.com/tx/0xd1f394e880ac56f1929f93d49b98b7b318b80544040ffe3009191f46ce438fb3) | | [GP 9](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-9-deactivate-kyberswap-inventory-pairs-emergency-measure) | Deactivate Kyberswap pairs (emergency measure) | See [GP 9](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-9-deactivate-kyberswap-inventory-pairs-emergency-measure) for multi-network txs | | [GP 10](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-10-reallocate-previous-kyberswap-inventory) | Reallocate previous Kyberswap inventory | See [GP 10](https://bob-docs.zkbob.com/bob-dao/governance/broken-reference)[ ](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-10-reallocate-previous-kyberswap-inventory)for multi-network txs | | [GP 11](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-11-add-24-hour-timelock-to-bob-contract-on-optimism) | Add 24 hour timelock on Optimism | [0x0e70....d5b6](https://optimistic.etherscan.io/tx/0x0e70266852b15c465990068b96ab90daf37adb02eeaa6cffd7c99b5342a0d5b6) | | [GP 12](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-12-raise-polygon-limits) | Raise Polygon limits | [0x22fe....4e19](https://polygonscan.com/tx/0x22fe28fab4ed42e17f3d4d5c2ae5e48a854b58a81e24d01e7f219f03b4524e19) | | [GP 13](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-13-launch-bob-cdp) | Launch BOB CDP | [0x673c....736b](https://polygonscan.com/tx/0x673c2f3765d380cf54db35cbdf6fa4d8c5a2227a1eba85d6590dbc5157a5736b) | | [GP 14](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-14-migrate-bob-pool-to-usdc-on-polygon) | Migrate BOB pool on Polygon to USDC | See GP 14 for multiple txs | | [GP 15](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-15-kyb-tiers-on-optimism) | Add KYB-tier limits on Optimism | [0xf814....ecc6](https://optimistic.etherscan.io/tx/0xf814db6872ce6a14d351d25e1f1565dcbb667d4470c782a9064c8845eea9ecc6) | | [GP 16](https://bob-docs.zkbob.com/bob-dao/governance/protocol-governance/gp-16-remove-excess-inventory-on-arbitrum-and-bnb-smart-chain) | Remove excess inventory on BNB & Arbitrum | *in process* |