Euler DAO Moves Treasury to New Multisig Address

Euler announced on X (formerly Twitter) that its DAO Treasury is transitioning to a new multisig address. This move comes after concerns over the current multisig’s role in both treasury management and governance. The existing address oversees protocol operations, leading to potential risks if not separated. A new dedicated multisig has been established for asset management only. Assets from the previous address are currently being transferred to this new one. For ease of tracking during the transition, however, protocol income will remain in the current address temporarily.