โ˜„๏ธProposals

What is a Proposal in Coinshift.

A proposal within the Coinshift application represents a well-structured suggestion or request for action pertaining to a Safe. Proposals helps crypto organisations better manage their multi-sig treasury transactions on top of Safe. Proposals reduce the administrative burden on signers, minimise errors, increase flexibility, and lower gas fees.

With Coinshift, any user within an organisation can create and edit a proposal. Only a Safe signer can accept a proposal with one simple click, moving it on-chain and into the Queue. Once the multi-sig approval threshold is reached, the transaction executes and appears in History.

And because Coinshift is multi-safe and multi-chain, your Proposals, Queue, and History tabs will consolidate transactions from all Safes added to your organisation across all supported networks.

Coinshift Proposals help address a number of common pain points when managing your treasury, including the following:

Coinshift Proposals have been developed to address several common challenges faced when managing a treasury, including:

  • Reducing the administrative burden on Signers

  • Reducing the potential for errors

  • Enhance flexibility

  • Decreases gas fees

Future Enhancements

Coinshift plans to introduce several enhancements in the future. These upgrades will allow Signers to group multiple proposals into a single transaction, thereby saving time and gas fees.

Additionally, users will be able to schedule proposals, further automating recurring operations like monthly salary payments for crypto organisations.

To learn more about monitoring Active and discarded proposals, please refer to our subsequent article.

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