Many thanks Max for putting together yet another, well-written and articulated RFC 
I find myself agreeing with a lot of what you mentioned here and would support pretty much all of the suggestions outlined above.
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For yield generation:
I would favour the Badger Ecosystem for this, especially given the fact they’re supporting us with Greycore etc. It would also help strengthen existing Badger-Ren relations if we used their Ecosystem for the CEF (great suggestion by Thomm). -
KYC/Sig verification
I’m not in favour of KYC via personal documentation, but I would insist that Max personally verifies those members that will be a part of the multisig - especially if 3/4 of them are complete anons. -
Hardware wallets
I think it is a good suggestion that the overwhelming majority of signees possess (if not all) a hardware wallet with evidence submitted to Max etc. This just seems common sense. -
Transaction deadlines:
Is there a limited window in which transactions need to be approved? For example if a transaction needs to be signed by the multisig within 30 min, and 2 members are in North America, and the other 2 are in Europe - will this cause an issue with the timezones/availability to sign transactions?
I supppose this could be avoided by giving clear warning in advance to the multisig that a transaction will need to be approved (even if it means during the early hours for some of the signees etc.)
Overall:
It feels like it’s all shaping up really well, and the thought of having a functional, operating multisig for the CEF makes me excited. I’m looking forward to the snapshot voting and electing the first multisig members. Onwards and upwards!
– Shilliam.