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 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 page.

• The Governance SAFE address is 0xd4a3D9Ca00fa1fD8833D560F9217458E61c446d8

In addition to inventory management, 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	Increase SAFE multisig to 3/6.	0xd2a....300d
GP 1	Instantiate BobVault (BobSwap) for beta testing.	0x642....7994
GP 2	Upgrade Contracts to v1.0.0 based on Security Audit Findings.	0x755....cfb2
GP 3	Enable BobVault (BobSwap) for public use.	0xb29....19bc
GP 4	Increase Multisig to 4/7 and upgrade BOB on all networks	See GP 4 for txs on each network.
GP 5	Enable BobVault (BobSwap) on Ethereum mainnet.	0x1e3....c270
GP 6	Upgrade zkBob to support direct deposits.	0xf2c0....e90f
GP 7	Increase multichain inventory and update BobSwap	See GP 7 for txs on each network
GP 8	Extend pool limits for KYC'd users	0xd1f3....8fb3
GP 9	Deactivate Kyberswap pairs (emergency measure)	See GP 9 for multi-network txs
GP 10	Reallocate previous Kyberswap inventory	See GP 10 for multi-network txs
GP 11	Add 24 hour timelock on Optimism	0x0e70....d5b6
GP 12	Raise Polygon limits	0x22fe....4e19
GP 13	Launch BOB CDP	0x673c....736b
GP 14	Migrate BOB pool on Polygon to USDC	See GP 14 for multiple txs
GP 15	Add KYB-tier limits on Optimism	0xf814....ecc6
GP 16	Remove excess inventory on BNB & Arbitrum	in process