# \[TFIP-7\] Decentralize admin and owner rights to key smart contracts

**URL:** <https://forum.truefi.io/t/tfip-7-decentralize-admin-and-owner-rights-to-key-smart-contracts/1454>\
**Category:** Proposals\
**Created:** [July 17, 2023, 8:36am UTC](https://forum.truefi.io/t/tfip-7-decentralize-admin-and-owner-rights-to-key-smart-contracts/1454 "2023-07-17T08:36:51Z")\
**Posts on this page:** 4\
**Page:** 1

<div class="post-metadata">

**Author:** ![kaimi](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/kaimi/32/384_2.png) [@kaimi](https://forum.truefi.io/u/kaimi)\
**Post date:** [July 17, 2023, 8:36am UTC](https://forum.truefi.io/t/tfip-7-decentralize-admin-and-owner-rights-to-key-smart-contracts/1454/1 "2023-07-17T08:36:51Z")

</div>

## Summary

This proposal directs multisig wallets coordinated by Archblock to pass ownership to the DAO Timelock smart contract (for admin, proxy and ownership rights) and to new DAO multisigs.

## Addressbook

Archblock Owner Multisig: 0x16cEa306506c387713C70b9C1205fd5aC997E78E  
Archblock Developer Multisig: 0xf0aE09d3ABdF3641e2eB4cD45cf56873296a02CB  
Legacy Treasury Multisig: 0x2A5c94f3F00Db7f11D53D1CfbD9AE8A2Bbc7bBf0  
Archblock Optimism Owner Multisig: 0xDB6D3A7B0b373B46bA24017E6a1E0A9624418671  
Archblock Optimism Developer Multisig: 0xAA99Ee681AD313BA8B370F736267853EB2e44B84  
Archblock Optimism Manager Multisig: 0xe3351c442387b2A6B5Be4f6e8d32DD657dC831Dc  
SAFU: 0x1eA63189eB1F4c109B10Cf6567f328C826AA6151  
Liquidator: 0x7aC899754Dd042024bb168fd5c9a07420F444Bdf  
Optimism ManagedPortfolioFactory: 0xc68C10b875a3Dc486Db2B4780bcbC28566ACAccf  
Optimism ProfocolConfig: 0xcf9e0af02aa7b8ce10cc98753b08c78a46df2a8e  
TrueMultiFarm: 0x01d54167821281b1879Ff6B09D8F8EDc723D2613  
DaoTreasury: 0x863461596aB57b91B873b26D4F0a701a9703B9Ca  
Optimism DaoTreasury: 0x73581551665680696946f568259977Da02e8712A  
DAO TimelockController: 0x4f4AC7a7032A14243aEbDa98Ee04a5D7Fe293d07

**New TrueFi DAO multisig**  
Ethereum: eth: **0x8c8FcA3812c4272756120E207D3ED496A73Bc528**  
Optimism: oeth:0x313fe96c9194c8941703f0A476A0f714521Fad0F

## Prerequisites

Before this proposal, Archblock Owner Multisig needs to execute following transactions:

- transfer SAFU ownership + proxy ownership to TrueFi DAO TimelockController
- transfer Liquidator ownership + proxy ownership to TrueFi DAO TimelockController
- transfer stkTRU ownership to TrueFi DAO TimelockController
- grant TrueMultiFarm admin to TrueFi DAO TimelockController

Legacy Treasury Multisig needs to execute the following:

- transfer Legacy Treasury Multisig funds to TrueFi DAO TimelockController

## Background

This proposal will:

- claim SAFU ownership + proxy ownership
- claim Liquidator ownership + proxy ownership
- claim stkTRU ownership
- revoke TrueMultiFarm admin from Archblock Owner Multisig
- grant DaoTreasury manager to TrueFi DAO TimelockController
- revoke DaoTreasury manager from Legacy Treasury Multisig
- grant DaoTreasury pauser role to TrueFi DAO Multisig
- revoke DaoTreasury pauser role from Archblock Developer Multisig

## Next steps

Due to technical limitations Optimism’s contracts ownerships need to be passed to Optimism TrueFi DAO Multisig. To finalize the migration the Optimism TrueFi DAO Multisig is required to:

- grant Optimism DaoTreasury admin to Optimism TrueFi DAO Multisig
- revoke Optimism DaoTreasury admin from Archblock Optimism Owner Multisig
- grant Optimism DaoTreasury manager to Optimism TrueFi DAO Multisig
- revoke Optimism DaoTreasury manager from Archblock Optimism Manager Multisig
- grant Optimism DaoTreasury pauser to Optimism TrueFi DAO Multisig
- revoke Optimism DaoTreasury pauser from Archblock Optimism Manager Multisig
- transfer Optimism ManagedPortfolioFactory ownership to Optimism TrueFi DAO Multisig
- claim Optimism ManagedPortfolioFactory ownership from Optimism TrueFi DAO Multisig
- transfer Optimism ProtofolConfig ownership to Optimism TrueFi DAO Multisig
- claim Optimism ProtofolConfig ownership from Optimism TrueFi DAO Multisig

## Vote

Voting for this proposal will be active on 24 July.

---

<div class="post-metadata">

**Author:** ![jusbroni](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/jusbroni/32/397_2.png) [@jusbroni](https://forum.truefi.io/u/jusbroni)\
**Post date:** [October 11, 2023, 12:07pm UTC](https://forum.truefi.io/t/tfip-7-decentralize-admin-and-owner-rights-to-key-smart-contracts/1454/2 "2023-10-11T12:07:40Z")

</div>

The proposal is live on Tally under [this link](https://www.tally.xyz/gov/truefi/proposal/43073300436689002097079909141143248967341407873929054148977545822443085725218). The voting is starting in 2 days on Oct 13th.

---

<div class="post-metadata">

**Author:** ![kaimi](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/kaimi/32/384_2.png) [@kaimi](https://forum.truefi.io/u/kaimi)\
**Post date:** [October 17, 2023, 2:55pm UTC](https://forum.truefi.io/t/tfip-7-decentralize-admin-and-owner-rights-to-key-smart-contracts/1454/3 "2023-10-17T14:55:04Z")

</div>

Proposal had been re-issued: [Tally | TrueFi Proposal](https://www.tally.xyz/gov/truefi/proposal/83401322123269859053280870552018007860626502417163275704588765622199262869075)

---

<div class="post-metadata">

**Author:** ![kaimi](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/kaimi/32/384_2.png) [@kaimi](https://forum.truefi.io/u/kaimi)\
**Post date:** [October 25, 2023, 5:41pm UTC](https://forum.truefi.io/t/tfip-7-decentralize-admin-and-owner-rights-to-key-smart-contracts/1454/4 "2023-10-25T17:41:05Z")

</div>

This proposal has paased. Archblock is now executing remaining steps for this proposal to be executed by the DAO.