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By Teken - Easy Multi-Signatures
Teken’s mission: an easy-to-use multi-signature app for Stellar, enhancing security and collaboration via Soroban smart contracts.
Teken’s mission is to create an easy-to-use multi-signature (multi-sig) application that is a public good for the Stellar ecosystem. Soroban is missing a universal, online multi-sig wallet agnostic tool focused on a simple user experience. Multi-sigs make it harder for hackers to steal money from a wallet because they need multiple keys to access funds. Also, the account does not belong to one individual user but to a group of wallets. This is especially useful when several people own the assets in a company or a decentralized autonomous organization (DAO).
The app will have several features: Members can connect their wallets to the app and create new proposals, vote for live proposals, and execute proposals. All signature confirmations (votes) will be stored on Soroban smart contracts. Quorum (passing threshold) and voting power can be established individually. Members can also be added and removed through proposals.
$29.5K
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