W3P: Optimistic Txs for DAOs

Watch the Demo Video.

DAO ops teams regularly initiate transactions like approvals, votes, recurring payouts, yield deposits/withdrawals, and trades through a Gnosis Safe (Safe DAO) but are delayed days or weeks by getting enough owners to “opt-in” and sign the transaction. This is the #1 problem we hear about from DAO ops teams. 🥇

The Optimistic Transaction app switches DAOs to an “opt out” model for low-risk transactions. Anyone on the multi-sig can propose a tx, which can be vetoed during a delay period (usually 24hrs), and then is executed automatically.

It works using the optimistic-modifer which we’ve developed from a fork of the Zodiac delay-modifier and Gelato service to execute the tx automatically. Spending limits and scope guards can be used to reduce the risk of a rogue transaction getting executed and each DAO ops team can tune the available transactions to the needs of the DAO. This app would speed up the operating speed of DAOs considerably! 🏎️💨


Web3 Pitches (W3P) are short product write-ups that describe an emerging problem or opportunity in the Web3 space and proposes a minimal-viable solution that could be tested and iterated with users. The pitches are presented in screenshot essay form, which is meant to be short enough to be consumed on one page of a mobile screen. :-)

If you enjoy hearing about new novel Web3 use cases, please subscribe on Mirror. We appreciate the support. 👆

Subscribe to Paymagic Labs
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
This entry has been permanently stored onchain and signed by its creator.