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Treasury Multi-Sig

A multi-signature wallet (better known as a multi-sig wallet) is a wallet that requires a predetermined number of signatures to validate transactions. This means each transaction requires multiple team members to validate it. For a multi-sig wallet, you can set rules like “at least X of all keys are required to transfer funds from this wallet”.
A well-known solution for a multi-signature wallet is Gnosis SAFE.

Features

  • Automatic transfer of funds to the multi-sig wallet
  • Adding and displaying meta-data (names, description) about the multi-sig wallet
  • Adding transaction descriptions (for example, purpose of spending) to multi-sig transactions
  • Displaying information about assets and transactions held by a multi-sig wallet
  • Support for native assets (ETH), ERC20 and ERC721 assets
  • Support of interaction with other smart contracts and DAPPs (Compound, 1Inch, etc.)
  • Fund management based on multi-signature functionality through the Gnosis SAFE App interface

Pros

  • A secure solution for joint fund management via multi-signature
  • The possibility of extending the functionality of Multisig wallet by using additional Modules
  • Available on most EVM-compatible chains

Cons

  • Additional costs for contract deployment
  • Additional management overhead (multi-signature logic, use of external Gnosis Safe interfaces, etc.)