Settings
Learn how to manage the settings of your Squad and its members.
Last updated
Learn how to manage the settings of your Squad and its members.
Last updated
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
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.
DO NOT set the Multisig Account address as an authority of your programs nor send any kind of assets to it.
ONLY the Squad Vault address should be set as the owner of your assets/authorities. The Multisig Account address is used solely for CLI settings commands.
Sending assets or setting authority to the Multisig Account address will cause irreversible loss of funds/assets.
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:
Navigate to the "Settings" tab.
Click on the threshold icon, set the new threshold, and launch a transaction.
The threshold will change upon transaction execution.
Only members with "Voter" permission count towards the threshold parameter.
Changing the confirmation threshold will cancel all "Active" and "Ready" transactions in a Squad for security reasons. Complete these transactions before changing the threshold to avoid issues.
