Signer Composition, Role Documentation, and On-Chain Verifiability
Evaluates whether privileged roles are independently composed and externally verifiable. A nominal threshold carries information only if signer independence and role assignment can be confirmed by an outside observer.
| Tier | Reasoning | Evidence |
|---|---|---|
| Unclear | A nominal multisig threshold cannot be relied upon without verified signer independence. Opaque role management turns offboarding failures and unrevoked access into persistent attack vectors. | Ronin's 5-of-9 was functionally controlled by Sky Mavis ($625M loss); Orbit Chain's 7-of-10 was defeated by a former CISO relaxing firewalls ($81.5M loss); Multichain's self-described MPC was administered by a single principal ($126M loss). |
| Clear | Clear documentation with named roles, on-chain verifiable access control, published multisig addresses, and verifiable signer composition allows an external observer to assess the actual concentration of control. | MakerDAO governance multisigs, the Lido validator set, and Aave Stewards publish named roles and on-chain-verifiable access control. |