Spark proposes a 2-of-4 freezer multisig and signer rotation

What happened

Spark governance received a proposal to replace the Spark Assets Foundation signer with an additional Phoenix Labs signer and increase the Liquidity Layer Freezer Multisig threshold from 1-of-4 to 2-of-4.

What changed

A concrete control-change proposal entered governance review, supplying new evidence about the freezer role's signer composition and intended approval threshold.

What did not change

The record does not prove that the multisig configuration changed, identify an execution transaction, disclose the multisig address, or resolve the rejected memo's broader per-chain administrator and relayer-control gaps.

Confirmed

• The proposal identifies the prior freezer configuration as one Spark Assets Foundation signer, two Phoenix Labs signers, VoteWizard, and a 1-of-4 threshold.
• The freezer can deauthorize addresses holding the Relayer Role.
• The proposal would replace the Spark Assets Foundation signer with another Phoenix Labs signer.
• The proposed threshold is 2-of-4.

Still open

• The vote outcome and any implementation transaction are not established.
• The operative multisig address, signer addresses, and chain-by-chain scope remain undisclosed in this record.
• It is not established whether every Liquidity Layer deployment uses this freezer or has separate local emergency authority.

What it means for an advisor

• Review the Spark Liquidity Layer memo because the proposal partially addresses its documented freezer-control disclosure gap.
• Verify the live multisig address, owners, threshold, and per-chain authority before crediting the proposed configuration.
• Do not reopen or approve the rejected object solely because governance proposed a safer threshold.