What's a Squad?
The characteristics of a Squad.
A Squad is a programmable multi-signature wallet, which allows teams to take full control of their treasury and program upgrades.
- Owners are added to a Squad by their wallet addresses (public keys).
- You can add an unlimited amount of initial owners; We recommend keeping the number of owners under 20 for the optimal experience;
- Each Squad has a Vault where users can send, receive, & store assets and perform various operations with them;
- Each Squad has a Program section where programs can be added and upgraded;
- Every action in the Squad triggers a transaction that needs to be approved and then executed by the owners of a Squad;
- Squad deployment costs approx. 0.0025 - 0.0045 SOL (Solana network fees) depending on the amount of the initial owners;
- All fees incurred by users are Solana network fees, none of them are collected by the protocol. Check the network fees breakdown here.