How the DAO Protects Members' Funds
Blockhub DAO uses a multisig wallet wherever technically feasible to safeguard members' funds. The multisig wallet is protected by five signatories who have been validated by the members of the DAO. All signatories are respected members of our community, and their identities are known to us. Three signatures are required to approve a transaction. This provides a layer of security, ensuring that funds can't be moved without the agreement of multiple trusted parties. This system greatly reduces the risk of fraud or mismanagement of funds. Additionally, all transaction records are transparent and can be audited by any member of the DAO, providing an extra layer of accountability.
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