Admin key custody type

Marinade Finance's assessment for RD-F-025 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Upgrade authority: custom_onchain Coral Multisig (6/13 ecosystem parties). Operational admin: 4/7 Marinade Council via Realms SPL-governance. Classification: multisig without timelock. No timelock exists on any governance action.

Sources #

Docs
Multisig Governance | Marinade DocumentationMarinade multisig governance docs — 6/13 threshold, member listretrieved 2026-05-16
Governance
Marinade governance update: liquid staking contract controlled by the DAOMarinade Oct-2023 governance update — dual multisig structure describedretrieved 2026-05-16

Methodology #

Read the effective admin/owner/upgrader role on deployed contracts and classify as: EOA / multisig / multisig+timelock / full DAO+timelock / immutable.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol marinade factor RD-F-025 score yellow collected_at 2026-05-16 08:48:35