About Squads

Squads is a multisig platform that simplifies management of developer and treasury assets for on-chain organizations building on Solana. With Squads, teams can secure assets in a multisig and jointly manage their:

• treasuries;
• programs;
• validators;
• native tokens; and
• any on-chain asset on Solana.

Squads Protocol

Squads Protocol represents a collection of programs (smart contracts), that enables developers to deploy and program smart contract wallets - a next generation of self-custody solutions. Squads is built on top of Squads Protocol, the safe and robust core smart contract wallet infrastructure layer for Solana and SVM. Squads Protocol powers the multi-signature aspect of Squads allowing teams to manage various on-chain assets together in an intuitive, secure and decentralized way. Additionally, it brings novel account abstraction features to Solana such as spending limits and permissions.

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• In Squads, users have the power to create their very own multisigs or squads and invite their friends or team members to join. It's like a shared wallet where they can deposit assets or use it as a team treasury, keeping their multisig funds safe. The squad leader, who kickstarted the squad, can set rules on how many people need to give their thumbs up before any transaction goes through. This adds an extra layer of security and ensures no one can sneak off with the funds.

• Squads make it easy for teams or companies to set up an on-chain multisig, allowing them to keep a watchful eye on all the action happening with their shared funds in a secure way. It's all about multiple signatures and keeping things tight and safe!

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