What is a Squad

The characteristics of a Squad.

A Squad is a programmable multisig wallet, which allows teams to jointly manage their treasury (fungible tokens, NFTs) and developer assets (programs, tokens, validators, NFT collections).

  • Members are added to a Squad with their wallet addresses (public keys). You can add up to 10 initial members upon creation and add additional members after deploying your Squad.

  • Each Squad has a Treasury section with accounts where users can receive, send, and store assets as well as perform various operations with them. Each Squad can have multiple sub-accounts (available Squads Pro subscribers);

  • Each Squad has a Program section where programs can be added and upgraded;

  • Each Squad has a Token manager section where token mint authorities can be added, minted and burned;

  • Each Squad has a Validator section where validator withdraw authority keys can be managed;

  • Each Squad has a TX Builder section, which allows for creation of arbitrary instructions;

  • Every action in the Squad triggers a transaction that needs to be approved and executed by the members of a Squad;

  • Squad deployment costs approx. 0.0528 SOL depending on the number of initial members added. This amount consists of 0.05 SOL one-time platform fee, 0.001 SOL which will be deposited into your Squads account and ~0.0018 SOL network rent needed for account deployment. Adding a member to a Squad costs ~0.0037 SOL.

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