Settings

The "Settings" tab displays information about the Squad and allows you to:

• View the Squad's vault address and multisig address

• Edit the photo, name, and description of the Squad

• Check the confirmation threshold and initiate a transaction to change it

• Select the default explorer for the Squad's transactions

• Add Spending Limits

• Set a Time Lock

• Enable/Disable Squad UI Privacy

• Export CSV of your transactions

Vault and Multisig Address

When creating a Squad, a Program Derived Address (PDA) is created with specific details such as members, threshold, and more. This PDA's address is the multisig account address, owned by the Squad program and used exclusively for Squad detection.

The Squad Vault and Sub-accounts are PDAs derived from the multisig account address. Unlike the Squad's PDA, they aren't owned by the program, allowing them to function as classic wallets for sending and receiving funds.

Threshold Parameter

The confirmation threshold is crucial for securing assets within a Squad. It represents the number of Squad members required to confirm before executing a transaction.

When configuring the confirmation threshold for a Squad:

• Avoid setting it at 1/n signatures, as this creates a single point of failure.

• Avoid setting it at maximum capacity (e.g., 2/2, 3/3) to prevent potential loss of access.

To adjust the confirmation threshold:

1. Navigate to the "Settings" tab.

2. Click on the threshold icon, set the new threshold, and launch a transaction.

3. The threshold will change upon transaction execution.

Only members with "Voter" permission count towards the threshold parameter.