Stabila recognizes the importance of securing community funds and is open to expanding the number of multi-sig signers in the future. The current structure ensures efficient execution while maintaining security, with nearly 3M CELO already deployed by Stabila for various stablecoin-related initiatives.
Given the time-sensitive nature of this proposal, adding more signers now would delay execution. Current signers are trusted ecosystem participants with experience managing multi-sig operations.
As Stabila’s work expands, additional trusted and experienced individuals are being onboarded to the multi-sig, a process that will continue in the coming quarter. In addition to the existing signers, I (Michael Kwan, Strategic Initiative Lead at Celo Foundation) am in the process of being added, bringing the total to four signers.