Gain insight into operations of your multisig

Multisight is an analytics tool for evaluating the response activity of multisignature wallets.

Compatibility

Supports Safe wallets across 10+ networks

Ethereum
BNB Smart Chain
Optimism
Arbitrum
Polygon
Base
Ethereum Testnet
Avalanche
Gnosis Chain
Aurora
Base Testnet
Celo
Features

Effectively optimize your multisig processes

Discover new analytical views on multisignature signers and transactions, enabling you to identify bottlenecks and speed up your operations.

1

Activity overview

Quickly examine who has signed which transaction, when and how long it took them, and how they compare to other signers.

2

Individual details

Focus on individual signers to see their activity in detail. See how many transactions they have signed, how long it takes them to respond, and more.

3

Date range filters

Use date range filters to narrow down the activity to a specific period of time - for example, the term of a specific membership term.

Challenge

How to responsibly incentivize multisig signers?

DAOs and similar types of projects often manage shared funds through multisignature wallets. Aiming for decentralization and safety, having multiple signers is good practice to prevent a single point of failure and to distribute responsibility among the group members.

Unfortunately, it's not always clear how to fairly and reasonably incentivize individual signers. In many projects, balancing between responsivity and security is a real challenge. Let's take a look at two examples to highlight the intricacies involved:

1

Rewarding all members automatically

Providing equal rewards to all multisig members (e.g. periodically each month) may seem equitable initially. Howerver, this approach opens up an opportunity for signers to become inactive while still passively collecting rewards, leading to unfair compensation of active signers. Over time, this can result in a majority of signers becoming inactive, hampering transaction processing and compromising the setup's efficiency.

2

Rewarding only the transaction signers

Limiting rewards solely to those signing transactions fosters a competitive atmosphere where speed takes precedence over careful consideration. This may result in signers neglecting transaction details to secure personal rewards, ultimately undermining the enhanced security promised by multisignature setups.

As information and experience on multisig setups from individual projects is scattered across the web, often hidden in long forum threads, governance proposals, or Discord channels, Multisight is conducting a community research to establish an educational foundation on the topic. Don't stand on the sidelines and take 5 minutes to share your experience:

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