[TFIP-42] — Timelock Migration to Gnosis Safe Multi-Sig (Transition Period)
ID 230633...2571
ID 230633...2571
Proposed on: Mar 30th, 2026
Proposed on: Mar 30th, 2026
Votes
Actions
Type
Address
Details
Proposal
Proposal
Abstract
This is a defensive, temporary measure to secure protocol infrastructure during governance migration.
This proposal requests that the TrueFi DAO authorize the transfer of all administrative roles currently held by the DaoGovernor over the Timelock contract 0x4f4AC7a7032A14243aEbDa98Ee04a5D7Fe293d07 to the existing New Treasury Gnosis Safe multi-signature wallet 0xC03151bAc97F692e5b71Eb49635A624141f7477b on Ethereum Mainnet.
This transition is a temporary security measure designed to protect protocol-controlled vault factories and legacy smart contracts during the governance migration period. Specifically, this applies to the window in which:
- TRU tokens are locked in the Asset Portal, and
- The BRLA-based governance system on HyperEVM has not yet been deployed.
Background & Motivation
Current Governance Architecture
TrueFi’s on-chain governance currently operates via Tally(DaoGovernor), where TRU token holders stake and vote on proposals. Successful proposals are executed through the Timelock smart contract, which acts as the administrator of several legacy components, including:
- Vault factories on Ethereum Mainnet
- Various legacy TrueFi smart contracts
- Other protocol-controlled addresses
Timelock Address:
0x4f4AC7a7032A14243aEbDa98Ee04a5D7Fe293d07
The Governance Transition Problem
TrueFi DAO is undergoing a strategic governance migration:
- TRU (Ethereum) → no longer the primary governance token
- BRLA (HyperEVM) → will become the new governance instrument
This creates a temporary but critical security gap:
- TRU tokens are locked in the Asset Portal and cannot vote
- BRLA governance is not yet live
- Cross-chain governance (HyperEVM → Ethereum) is not deployed
During this period, the Timelock could be vulnerable to a low-participation governance attack.
The Risk
If no action is taken:
- Governance attacks via Tally remain possible
- Vault factories and legacy contracts remain exposed
- Timelock delays limit the DAO’s ability to respond quickly
Proposal
Primary Action — Transfer Tally's admin roles over Timelock contract to Gnosis Safe
All administrative roles currently held by the Tally shall be transferred to:
New Admin (Gnosis Safe):
0xC03151bAc97F692e5b71Eb49635A624141f7477b
This Safe is already used as the New Treasury and operates as a 4-of-7 multi-signature wallet.
Why a Gnosis Safe Multi-Sig
- No single-party control
- Higher resistance to manipulation vs low-turnout votes
- Fully reversible once new governance is live
- Already known and trusted by the community
Gnosis Safe Details
Safe Address: 0xC03151bAc97F692e5b71Eb49635A624141f7477b
Network: Ethereum Mainnet
Threshold: 4 of 7
Type: Gnosis Safe
Signers:
AddressSigner0x5D545DE6e81da180dBbb57926a0e49be7c868Fb7 - Stefan Tanase 0x546AB7E55E9c9790679Bb2bE905300322A59Bb10 - 2nd CFO 0x97F8De405D7e70c0F66c2308d9882A9227097d6f - Sebastien Davies 0x25022f216b97641d396e6Efe68ba45F80AD7A56b - Ferengi 0xB2F3cE5e63b0c303C475667f8CB28a47b14b9d9b - Kelvin Sparks 0x2ac4a7daD1eE2eACfA3E90dd6C69466CC66Df7B2 - Goblin 0x57cD8ecAA060C857B23f9C68853f09dFfC3b7453 - Marcus Leanos
Action Items
1.Transfer Admin Roles
Grant all admin roles to Gnosis Safe
Action Type: grantRole
To: Gnosis Safe (0xC03151bAc97F692e5b71Eb49635A624141f7477b)
Scope: Timelock contract (0x4f4AC7a7032A14243aEbDa98Ee04a5D7Fe293d07)
2.Revoke Tally Privileges
After transfer, revoke all admin roles from the Tally to eliminate duplicate control
Action Type - revokeRole
To: DaoGovernor (0x585CcA060422ef1779Fb0Dd710A49e7C49A823C9)
Scope: Timelock Contract (0x4f4AC7a7032A14243aEbDa98Ee04a5D7Fe293d07)
3.Verification
Core contributors will verify on-chain that:
- Gnosis Safe holds all required admin roles
- Timelock holds none
- A confirmation report is posted to the forum
Duration & Reversal
This is a temporary arrangement, remaining in effect until:
- BRLA is live on HyperEVM
- Cross-chain governance is deployed and audited
At that point, a new TFIP will transfer control back to DAO governance.
Risks & Mitigations
Risk Mitigation: Signer collusion 4-of-7 threshold, distributed signers Key loss: Only 4 required Governance delay: Public roadmap commitments Scope creep: No new powers granted beyond Timelock
Governance Process
Step 1 — Forum Discussion (72h)
Community feedback and iteration
Step 2 — Tally Vote (Binding)
On-chain execution of proposal
Conclusion
TrueFi is at a critical point in its governance evolution.
The new BRLA structure introduces a temporary but meaningful security gap. This proposal provides a practical, transparent, and reversible solution by transferring control to a trusted multi-sig during this period.
This ensures:
- Protocol safety
- Operational continuity
- Minimal centralization
We encourage the community to support this proposal to enable a secure and orderly transition.