Guide to being a signer at any Lido DAO multisigs
Lido DAO uses multisig wallet for different ops for flexibility and fast reaction times. Here's a list of general tips & rules around being the signer:
- Use hardware wallet & back up the seed phrase.
- Upon joining to any multisig make sure to verify the address according to the guide.
- Check transactions you see on the multisig. If it's unclear to what the transaction should do and why — don't sign it and ask for explanation.
- Every transaction should have "how to check" guide.
- Addresses & sums in question should be verifiable through third party sources (message from your fellow multisig co-signer doesn't cut it).
- Technical checks, if those are required (i.e.for smart contract interaction), should rely on ready-made third party software and not custom scripts & UIs.
- While requesting the signatures tell explicitly whether the transaction can be executed right away or would need to wait for something.
- Communicate once you've checked and signed the transaction ("checked, signed, X more required").
- If the transaction can be executed right away — the last signer does it. If they can't do for any reason — communicate it.
- If you're executing already signed transaction — make sure to check it as if you were signing it.