Little-known fact:
Funds on the Elysium chain are held in a bridge contract on HyperEVM, controlled by a 4-of-11 multisig.
The multisig signers have not been publicly identified. They have emergency upgrade privileges, with no timelock.
Is it possible that the four multisig signers could be socially engineered?
The funds across the entire chain could be drained.
#HyperEVM #Elysium
Funds on the Elysium chain are held in a bridge contract on HyperEVM, controlled by a 4-of-11 multisig.
The multisig signers have not been publicly identified. They have emergency upgrade privileges, with no timelock.
Is it possible that the four multisig signers could be socially engineered?
The funds across the entire chain could be drained.
#HyperEVM #Elysium
