# Form the Emergency subDAO

**URL:** https://forum.balancer.fi/t/form-the-emergency-subdao/3197
**Category:** General Proposal
**Created:** [May 20, 2022, 5:42pm UTC](https://forum.balancer.fi/t/form-the-emergency-subdao/3197 "2022-05-20T17:42:08Z")
**Posts on this page:** 5
**Page:** 1

<div class="post-metadata">

### Author: ![solarcurve](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/solarcurve/32/1487_2.png) [@solarcurve](https://forum.balancer.fi/u/solarcurve)
#### Post date: [May 20, 2022, 5:42pm UTC](https://forum.balancer.fi/t/form-the-emergency-subdao/3197/1 "2022-05-20T17:42:08Z")

</div>

# Motivation

The [Emergency DAO](https://dao.curve.fi/emergencymembers) is an idea pioneered by Curve that empowers a small group to “kill” pools and gauges in the event of malicious activity and/or potential loss of funds. So far the power has only been used once to [kill the Mochi pool](https://gov.curve.fi/t/the-curve-emergency-dao-has-killed-the-usdm-gauge/2307).

This proposal is being presented as a response to the situation Balancer is facing regarding the three element pools ([1](https://app.element.fi/pools/0xEdf085f65b4F6c155e13155502Ef925c9a756003?action=redeem))([2](https://app.element.fi/pools/0x4bd6D86dEBdB9F5413e631Ad386c4427DC9D01B2?action=redeem))([3](https://app.element.fi/pools/0x7Edde0CB05ED19e03A9a47CD5E53fC57FDe1c80c?action=redeem)) which were grandfathered into the gauge voting system when veBAL launched. A single LP has staked in the gauges and has bribed on hidden hand to entice voters while this single actor collects all the emissions.

Given that these element pools have expired they should no longer be eligible for BAL emissions.

The Emergency subDAO will be a 4-of-7 multisig with the following members:

- Solarcurve (0x512fce9B07Ce64590849115EE6B32fd40eC0f5F3)
- Mike B (0xF01Cc7154e255D20489E091a5aEA10Bc136696a8)
- Zekraken (0xafFC70b81D54F229A5F50ec07e2c76D2AAAD07Ae)
- Zen Dragon (0x7c2eA10D3e5922ba3bBBafa39Dc0677353D2AF17)
- Markus (0x6bB4720473d4D7133f944785e5EE1A650C07f34e)
- Fernando (0xbbF0Ae5195444264364CA7eb7E3BB1971B4c3eCb)
- Nico (0x815d654E930E840D0E0Ee1B18FFc8Fb4ddA4c6B3)

Gnosis safe address: `0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888`

A governance proposal will be required to change signers of this multisig. To be clear, Balancer’s Emergency subDAO will only have the power to kill gauges. Balancer pools cannot be “killed” by governance after the pool factory has been deployed for three months.

An additional power of the Emergency subDAO will be to add a token to the deny list on the newly created “[ProtocolFeesWithdrawer](https://forum.balancer.fi/t/introduce-protocolfeeswithdrawer/3188)” contract. In order for a token to be added back to the allow list a veBAL governance vote would be required. A token would only be added to the deny list in the event of an issue along the lines of the recent [Synthetix bug disclosure](https://forum.balancer.fi/t/medium-severity-bug-found/3161).

# Specification

The DAO Multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will call `grantRoles` on the Authorizer `0xA331D84eC860Bf466b4CdCcFb4aC09a1B43F3aE6` with the following arguments:

roles: `[0xec1d467d9ab03a0079c22a89037209f5763aec973897ea763e2cf25d71a5f12e, 0xa5a62b55fdf9496f8e1b3feba479423a4349b385bd444f893b3cd4cf9387ce3f]`

account: `0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888`

The role `0xec1d467d9ab03a0079c22a89037209f5763aec973897ea763e2cf25d71a5f12e` corresponds to killing gauges and `0xa5a62b55fdf9496f8e1b3feba479423a4349b385bd444f893b3cd4cf9387ce3f` corresponds to adding a token to the deny list in `ProtocolFeesWithdrawer`

---

<div class="post-metadata">

### Author: ![nventuro](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/nventuro/32/49_2.png) [@nventuro](https://forum.balancer.fi/u/nventuro)
#### Post date: [May 20, 2022, 6:51pm UTC](https://forum.balancer.fi/t/form-the-emergency-subdao/3197/2 "2022-05-20T18:51:51Z")

</div>

The role I’m getting for the denylist is `0xa5a62b55fdf9496f8e1b3feba479423a4349b385bd444f893b3cd4cf9387ce3f`, which is obtained by calling [`getActionId()` on the ProtocolFeesWithdrawer](https://etherscan.io/address/0x5ef4c5352882b10893b70DbcaA0C000965bd23c5#readContract) (from the other proposal) with `0x194d810f`, the first four bytes of the [hash of `denylistToken(address)`](https://emn178.github.io/online-tools/keccak_256.html).

The other role, `0xec1d467d9ab03a0079c22a89037209f5763aec973897ea763e2cf25d71a5f12e`, does correspond to the selector for `killGauge()` (`0xab8f0945`) passed to the [`AuthorizerAdaptor`](https://etherscan.io/address/0x8F42aDBbA1B16EaAE3BB5754915E0D06059aDd75#readContract) (since the gauges, like all Vyper contracts, are called via the Adaptor and not directly).

---

<div class="post-metadata">

### Author: ![solarcurve](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/solarcurve/32/1487_2.png) [@solarcurve](https://forum.balancer.fi/u/solarcurve)
#### Post date: [May 20, 2022, 6:55pm UTC](https://forum.balancer.fi/t/form-the-emergency-subdao/3197/3 "2022-05-20T18:55:28Z")

</div>

Updated to reflect that, thank you!

---

<div class="post-metadata">

### Author: ![zekraken](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zekraken/32/823_2.png) [@zekraken](https://forum.balancer.fi/u/zekraken)
#### Post date: [May 20, 2022, 8:31pm UTC](https://forum.balancer.fi/t/form-the-emergency-subdao/3197/4 "2022-05-20T20:31:50Z")

</div>

> [@solarcurve](#):
>
> A single LP has staked in the gauges and has bribed on hidden hand to entice voters while this single actor collects all the emissions.

to add to this point, as far as i’m aware, there is no way to acquire the LP tokens for this pool in the open market so there is no way for others to benefit from these gauge rewards. there is one sole benefactor now and into the future. it doesn’t make sense for these pools to exist on the gauge anymore due to the fact that the vehicle is past maturity.

---

<div class="post-metadata">

### Author: ![solarcurve](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/solarcurve/32/1487_2.png) [@solarcurve](https://forum.balancer.fi/u/solarcurve)
#### Post date: [May 23, 2022, 10:58am UTC](https://forum.balancer.fi/t/form-the-emergency-subdao/3197/5 "2022-05-23T10:58:42Z")

</div>

[https://snapshot.org/#/balancer.eth/proposal/0x63fab7ab9ef5b9579dabb82058b8ea309e39c766d435438b55fff8db7c1f69fd](https://snapshot.org/#/balancer.eth/proposal/0x63fab7ab9ef5b9579dabb82058b8ea309e39c766d435438b55fff8db7c1f69fd)
