l1 mainnet multi-signatures

Purpose and capabilities

The primary role of multi-signature wallets (multisigs) is to facilitate contract upgrades during the early stages of development. As these contracts become more robust, Polygon plans to:

• Transition from multisigs to governance-controlled proxies.
• Implement timelocks for added security.
• Phase out multisigs entirely in the long term.

It’s important to note that the existing multisigs do not have the capability to censor transactions, including bridge transactions.

Active multi-signature wallets

Ethereum chain multisigs

Multisig Address	5/9 Multisig 0xFa7D2a996aC6350f4b56C043112Da0366a59b74c
Purpose	To upgrade PoS and staking contracts on Ethereum.
Chain	Ethereum
Rights	- Update staking contracts for optimizations and upgrades. - Address unexpected bugs in PoS contracts.
Signatories	Quickswap, Curve, Polygon, Horizon Games, Cometh

Polygon commitchain multisigs

Multisig Address	⅝ Multisig 0x355b8E02e7F5301E6fac9b7cAc1D6D9c86C0343f
Purpose	To update custom ChildERC20s on Polygon Commitchain.
Chain	Polygon Commitchain
Rights	Ability to upgrade custom child contracts.
Signatories	Quickswap, Curve, Polygon, Horizon Games, Cometh

Custom child ERC20s mapping

Multisig Address	4/8 Multisig 0x424bDE99FCfB68c5a1218fd3215caFfD031f19C4
Purpose	To enable the mapping of custom ChildERC20s with Mainnet contracts.
Chain	Ethereum
Rights	Limited to mapping; no access to Child tokens or deposit/withdrawal rights.
Signatories	Polygon

Permissionless mapping

Multisig Address	Permissionless Mapping of Standard ChildERC20 Tokens (No Multisig Required)
Purpose	FxPortal supports permissionless token mapping of standard ChildERC20 for any ERC20 token on Ethereum.
Chain	Permissionless
Rights	Permissionless
Signatories	Permissionless

_{*Plans are underway to transition these functions to governance. We are currently exploring options such as Aave’s governance contracts and Compound’s timelock contracts.}

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Last update: January 17, 2024

Authors: avenbreaks