Morpho proposes adding Spearbit and raising the DAO multisig threshold

What happened

Morpho Association proposed adding Spearbit as a tenth signer of the Ethereum DAO multisig and increasing its execution threshold to 6-of-10.

What changed

If approved and implemented, DAO operations would require six approvals, and Spearbit would provide paid trusted-signer services.

What did not change

No execution was confirmed. The proposal does not change Morpho Blue contracts, vault curators, market parameters, withdrawal mechanics, or user custody.

Confirmed

• The proposal would add Spearbit as a DAO multisig signer.
• The proposed threshold is 6-of-10.
• The proposed initial annual service cost is $33,000, with separately billed off-cycle and urgent work.
• The proposal requires approval before signer onboarding and multisig reconfiguration.

Still open

• The final vote outcome.
• Spearbit's final signer address and completed onboarding state.
• The executed multisig owner set and threshold.
• Whether the higher quorum materially affects routine or urgent execution times.

What it means for an advisor

• Monitor the vote and verify the Ethereum DAO multisig's final owners and threshold if implemented.
• Update the Morpho governance-control record after execution while keeping curator and vault-level controls separately assessed.