What is a Squad
The characteristics of a Squad.
A Squad is a programmable multisig wallet built using smart account technology. It enables teams to jointly manage their treasury (tokens, NFTs) and developer assets (programs, tokens, validators) intuitively and with enhanced transparency.
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 the 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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