TL;DR

To further reduce the governance burden on the Forge working group, a modification to the multisig arrangement for the sub-treasury in LIP-48 is proposed:

Forge members will no longer serve as multisig signers for other working groups. Instead, the main treasury multisig and community-appointed independent multisig signers will be added as signers for the sub-treasury.

Governance Optimization Background:

According to the LIP-48 proposal, the composition of the sub-treasury multisig is as follows:

• Working groups (excluding Forge): Fixed Forge members and the working group leader.
• Forge WG: Leaders from various working groups (including the Forge group leader).
• Projects: Initially composed of fixed Forge members and the PM, with adjustments to be made based on future proposals.

Conditions for replacing treasury multisig signers:

• When there is a change in project PM or Forge members.

Currently, Forge members are responsible for verifying the monthly accounting of each working group, creating a governance burden. Additionally, the multisig signers for each sub-treasury must be replaced every quarter, making the process complex.

Governance Optimization Plan:

Following discussions during the governance weekly meeting, the governance group proposes the following new multisig plan:

LXDAO Main Treasury Multisig (3/5 Multisig Treasury):

• 1 LXDAO investor, responsible for defensive oversight, not required to participate in daily salary management.
• 2 community-appointed reputational signers, responsible for reviewing discrepancies between the amounts and what is publicly listed on the official website.
• 1 governance multisig, held by the governance group PM, primarily responsible for verifying and initiating the quarterly budget for working groups and projects.
• 1 accounting multisig, held by the community accountant, mainly responsible for handling external funds inflow, reimbursements, and other financial recording tasks.

Working Group Sub-Treasury: (3/5 Multisig Treasury)