# About the Pythian Council

**URL:** <https://forum.pyth.network/t/about-the-pythian-council/10>\
**Category:** Pythian Council\
**Created:** [April 22, 2024, 2:52pm UTC](https://forum.pyth.network/t/about-the-pythian-council/10 "2024-04-22T14:52:52Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![Pyth-DAO](https://avatars.discourse-cdn.com/v4/letter/p/edb3f5/32.png) [@Pyth-DAO](https://forum.pyth.network/u/Pyth-DAO)\
**Post date:** [July 20, 2026, 11:06am UTC](https://forum.pyth.network/t/about-the-pythian-council/10/7 "2026-07-20T11:06:13Z")

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**Pythian Council Ops Multisig**

In addition to the main Pythian Multisig, [OP-PIP-87](https://forum.pyth.network/t/passed-op-pip-87-pyth-token-phase-2-pyth-strategic-reserve/2293) established a dedicated **Pythian Council Ops Multisig** for treasury operations:

**Address:** `GAdn7TZhszf5KTfwNRx3A2nP6KCRFEWucZubgdEqbJA2`

**Purpose:** Execute PYTH token purchases on behalf of the DAO Treasury. The DAO transfers funds (SOL/USDC) to this multisig, the Pythian Council executes swaps to PYTH following OP-PIP-87 guidelines (≤5% slippage), and purchased PYTH tokens are returned to the DAO Treasury.

**Threshold:** 5-of-8

This operational multisig allows the Council to act as the executing arm for treasury management without requiring per-transaction governance votes, while maintaining full transparency through post-execution reporting.

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