The Emergency DAO 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. The Balancer emergency subDAO was established after the following vote.
aThe Balancer Emergency subDAO is a 4-of-7 multisig with the following members as appointed by this vote:
The Balancer Emergency subDAO operates through the following multsigs which are authorized to kill gauges.
As per this vote
|killGauge||Gauge contracts||To stop all distribution of BAL to a gauge.|
|denylistToken||ProtocolFeeWithdrawer||Instructs the ProtocolFeeWithdrawer to blacklist fee collection of a specific token.|
As per BIP-139 The Emergency DAO Multsigis are authorized to make the following calls to protocol contracts:
|enableRecoveryMode||Pool contracts||for Pools to provide a simple way to exit pools proportionally at the cost of disabling protocol fees(swaps, joins, etc. still work).|
|disable||Pool factory contracts||to shutdown pool factories. This is to prevent further pools from being created, existing pools remain unaffected.|