Governance Roles
Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.
Multyr governance is structured across distinct roles with separate responsibilities.
This separation is intended to reduce control concentration and improve safety.
SAFE_GOV
- Type: 3/5 multisig
- Role: governance execution
SAFE_GOV is responsible for:
- scheduling governance actions
- executing approved transactions
- managing protocol-level configuration through the timelock process
SAFE_GOV cannot bypass the timelock.
SAFE_GUARDIAN
- Type: 1/1 multisig
- Role: emergency response
SAFE_GUARDIAN is responsible for urgent protective actions, including:
- pausing the system
- degrading or disabling strategies
SAFE_GUARDIAN cannot modify governance parameters.
SAFE_VETO
- Type: 1/1 multisig
- Role: governance safety control
SAFE_VETO may:
- cancel pending timelock transactions
- block queued governance actions before execution
SAFE_VETO cannot propose or execute changes.
Separation of Powers
The governance model separates:
- governance execution → SAFE_GOV
- emergency intervention → SAFE_GUARDIAN
- protective cancellation → SAFE_VETO
No single role is intended to hold full control over the system.
Why This Matters
This structure helps ensure that:
- no parameter changes can be applied immediately
- emergency responses remain limited in scope
- governance actions are reviewable before execution
- unsafe queued changes can be stopped