Multisig Governance

Protocol Decisions & Multi-sig

Track parameter updates, pool deployments, and oracle updates. Upgrades require a minimum quorum of authorized multisig keys to execute.

Timelock Config Active

All approved proposals are queued in a mandatory 72-hour timelock contract to protect underwriters and policy holders.

Timelock Period
72 Hours
Execution Quorum
3 of 5 Keys

Active & Historical Proposals

NIP-007•Pool Configuration

Add Minas Gerais, Brazil to Africa Drought Pool

Active

Expand pool region coverage to include Minas Gerais state in Brazil, using Open-Meteo + NOAA data. Introduces Sum and Mean index methods for the cerrado agricultural zone.

Yes Votes
7 approval
No Votes
1 veto
Quorum Required
6 signatures
Risk Level
low
Proposed by 7xKp...3f9q on 2026-06-20
NIP-006•Risk Parameters

Increase Global Mixed Pool LTV Limit to 85%

Timelock Queue

Raises the Loan-to-Value limit on the Global Mixed Peril pool from 80% to 85%, allowing greater utilization of deposited USDC for underwriting. Requires 4/5 multisig approval.

Yes Votes
5 approval
No Votes
0 veto
Quorum Required
4 signatures
Risk Level
medium
Proposed by 4mNr...8j2v on 2026-06-15
NIP-005•Oracle

Update Oracle Authority to New Switchboard Feed

Executed

Migrate primary oracle authority from legacy permissioned feed to new Switchboard V2 aggregator for all existing regions. No change to policy parameters.

Yes Votes
5 approval
No Votes
0 veto
Quorum Required
4 signatures
Risk Level
medium
Proposed by 9qLs...5kX1 on 2026-06-01