The Popsicle Stick Multisig!

Popsicle.Finance (WAGMI)
2 min readJun 7, 2021

It is time to decentralize!

The team has yet to rug us, but regardless, it is time to decentralize the key ownership of the Popsicle Treasury with the Multisig.

Let’s start from the beginning, what is the Popsicle Stick Multisig?

The Multisig controls the moving of ICE tokens from the Treasury into smart contracts or other incentivization programs. In order for a transaction to happen, it needs to be signed by multiple addresses, the multisigners.
If you are interested in reading more about Multisig Wallets and how they work, please refer to this article.

Why now?

We are coming to the stage where we are inches away from Sorbetto's release. If you have not already seen them, some sneak peeks have been posted on our Twitter and Discord. Go hunt them down!
Thus, prior to launch, we want to make sure that things are bulletproof.

With the launch of the Popsicle Stick Multisig we would like to achieve a few things:

  • Increased responsibility for a group of community leaders.
  • Encouraged engagement within the community.
  • The decentralization of power.

Popsicle.Finance is a community focused project. Due to this, we want to make sure that the team and the community become closer and closer to each other over time rather than grow apart.

With this in mind, it is extremely important that leaders in the community become multisigners, as there is a stake at play. If community leaders push the sign button they are doing it for every single one of the Isvikingers!

At the same time, we believe that giving recognition to active members of the community will increase the level of engagement. By allowing individuals to become multisigners — therefore giving them multiple responsibilities — we hope to encourage engagement in governance and project development. This will ultimately be extremely beneficial for Popsicle!

Lastly, of course, this is the first step in decreasing the centralization of power, which is fundamental for Popsicle to become more and more decentralized.

So now it's up to the community to fully discuss and think through the aspect of what a good representative could be and who might fit this role.

If you want to become a Multisigner, it is now up to you to raise consensus using the #🏛governance Channel in our Discord as well as Popsicle Governance Portal!

Onwards and Upwards Isvikingers!

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