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Euler DAO treasury migrated to a new multisignature Address.
According to HashChain News, Euler has stated that the Euler DAO Treasury will soon migrate to a new multisignature address. The current address serves a dual role of holding DAO funds and governance of the protocol, and if not separated, there is an operational risk. Therefore, a new address has been created, and the assets in the existing Treasury address will be transferred to the new address, but this does not include protocol revenue, which will be temporarily retained for tracking during the transition period. The new Treasury multisignature address will be dedicated to asset management and allocation.
#DAO #Cryptocurrency #Blockchain #AssetManagement #multisignatureWallet