MultiSig Dashboard

All MetFiers now have the MultiSig Dashboard which gives them full visibility into all smart contract deployments and 48-hour notice of funds scheduled to leave the treasury with the ability to veto (cancel) any scheduled transaction.

Each NFT owner has one veto vote per scheduled transaction. When 51% of NFT owners veto any scheduled transaction the transaction is automatically canceled and the funds remain in the treasury.

When the 48-hour time period elapses without a 51% veto vote an ‘Execute’ button will appear that any MetFier can click which then releases the funds from the treasury. Funds will not leave the treasury until the ‘Execute’ button has been clicked.

There is one exception to this execution rule that must be mentioned and that is when a system upgrade or smart contract deployment is occurring as a special sequence of events must be followed and only the developers can initiate them so ignore those ones, please.

Giving community members much greater visibility including a 48-hour window to veto a transaction is an extra layer of security to prevent an unauthorized or fraudulent transaction from leaving the treasury and gives all MetFiers ultimate control over the funds held by the Treasury smart contract.

So if a developer tried to move funds to another wallet (highly unlikely) you will see it scheduled and have 48 hours to question it in Telegram or Discord and if 51% veto the transaction the smart contract will automatically cancel it.