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Euler: Euler DAO Treasury will be migrated to a new multi-signature address

2025-11-09 03:23:55

EUL-3.30%

Odaily Planet Daily reports that the crypto lending protocol Euler announced on X that the Euler DAO Treasury will migrate to a new multi-signature address because the current Treasury multi-signature address serves a dual role of holding DAO funds and executing protocol governance, which poses operational risks if not separated. It is reported that the new multi-signature address has already been created, and assets in the existing Treasury multi-signature address will be transferred to the new address, excluding protocol revenue. The revenue will be temporarily retained to facilitate easier tracking during the transition. The new Treasury multi-signature address will be dedicated to asset management and configuration.

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