> For the complete documentation index, see [llms.txt](https://docs.eywa.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.eywa.fi/eywa-ecosystem/eywa-governance/what-does-multisig-oversee.md).

# What does Multisig oversee?

The **Multisig** regulates the KEY parameters of the CDP and CLP protocols and manages assets (protocol fees, Treasure) in the following networks:

1. Ethereum
2. BNB chain
3. Polygon
4. Avalanche
5. Fantom
6. Arbitrum
7. Optimism

The primary responsibilities of the Multisig include:

1. Appointing Operator for **EYWA**'s smart contracts
2. Configuring **CDP** protocol parameters in BridgeV2, GovBridgeV2, GateKeeper, NodeRegistryV2 smart contracts
3. Configuring **CLP** protocol parameters in AddressBook, Portal, Synthesis, BaseRouter smart contracts.

## Proposal format

Any actions by the Multisig are carried out through the Proposal mechanism. Each Proposal consists of two parts:

**1) Technical transaction description.**

Here, you need to specify:

1. Network
2. Smart contract name and address
3. Smart contract method and its signature
4. Call arguments

**2) Textual description of the change and the justification for its necessity.**

The **Multisig** performs configuration of multiple parameters and carries out various actions with the **CDP** and **CLP** protocol smart contracts. For the convenience of **Multisig** participants, the **EYWA** technical team will provide detailed textual descriptions and justifications for the proposed changes. This will significantly help participants to understand the essence of the proposed changes more quickly.