Euler DAO treasury multisig address will be changed, and the old address will be dedicated to protocol management.

Foresight News reported that the Euler Foundation has announced an optimization plan for the Euler DAO treasury multisig address. A new multisig address will be created as the treasury address, and assets from the original address will be transferred to the new address. Protocol revenue will temporarily remain in the original address to facilitate data tracking during the transition period.

The new multisig address will be dedicated to asset management and allocation, while the old multisig address will be used exclusively for protocol management. The signers will be updated to six Euler Labs members and two foundation directors, with a signing threshold of 4 out of 8.