DAOs can choose to work with contract wallets that integrate multi-signature signing processes. This allows multiple stakeholders to sign off on a transaction before funds are released, and secures funds against unilateral or unauthorized movements.
MetaMask serves over 30M monthly active users and is connected to almost every DeFi dapp. Trade, invest, stake, lend, borrow, provide liquidity, and bridge assets across EVM chains.
Gnosis Safe is a leading digital asset management platform on Ethereum. It offers multiple signature based crypto self-custody to a diverse set of users like institutional investors, DeFi , DAOs and NFT collectives. The smart contract based wallet has been open source and battle tested since 2017, and has established itself as the de facto standard for DAO treasury management with ~$90bn worth of assets stored in self custody.
DAOs and crypto institutions want the gold standard of Defi integration, whilst still maintaining the industry’s security standard when it comes to safeguarding digital assets from operational and security risks. Collaboration is the only way to achieve a solution like this. Thanks to this integration with our partners at Consensys, users can now benefit from both MMI’s and Safe’s collective strengths and perspectives. Ultimately creating a safer, more accessible Web3.
Safe Ecosystem Lead