As part of setting up your community in Otterspace, you’ll mint a Raft Token, which is a transferable NFT that you can think of as the admin ‘key’ to Otterspace.
The wallet holding the Raft Token is the admin of the community on Otterspace, and can take actions like creating a new Badge spec and issuing Badge vouchers to community members. Because this NFT is transferable, you can move it to different wallets depending on your community’s current needs.
Holding your Raft Token in a multisig vs. EOA
If you have one community manager who is going to be managing Badges, it might be easiest for them to hold the Raft Token in a wallet they control. This is likely to be the easiest (but not very decentralized) way to manage Badges.
Alternatively, you can hold the Raft Token in a multisig wallet like a Gnosis Safe. This is a less centralized alternative, as a Gnosis Safe can act as a shared wallet for the community.
If you choose to use a Gnosis Safe for holding your Raft Token, we highly recommend enabling a 1 of n signing policy, meaning that individual signers can take actions without requiring approval from a second signer. If you have a policy requiring multiple signers, you will need to wait for approval every time you create a new Badge spec or add a member to an allowlist to a Badge.
Keep in mind that the Raft Token is on Optimism, so you will likely need a new Gnosis Safe anyway - you won’t need to change the policy on your treasury multisig.
If you have any questions or feedback, you can use this form or post in the #🤔_ask_away channel in our Discord server
