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By MultiClique
A flexible policy framework and multisig wallet for the soroban ecosystem
You can read the full proposal with images and additional information here. Introduction As blockchain technology continues to evolve, its widespread adoption is impeded by its complexity and user-unfriendliness. The difficulties many users face, such as the risk of fund loss and the technical challenges of managing wallets and public-private key pairs, inhibit the full potential of blockchain applications. This issue is even more pertinent for DAOs and other organizational groups, which require advanced and reliable workflows beyond just simple signing. Having a multisig wallet is crucial for a thriving ecosystem as it enables projects and business models such as custody solution, key retrieval, DAOs amongst others.
Our Solution: MultiClique Our proposed solution is the development of MultiClique, a protocol designed for the Soroban/Stellar network. MultiClique enhances security through a multi-signature mechanism, which significantly mitigates the risk of fund theft if a single private key is compromised. Moreover, it provides a user-friendly interface for interacting with Soroban and managing digital assets in a more intuitive way, offering users both convenience and peace of mind. Beyond security and convenience, MultiClique also introduces flexibility by allowing for customizable policies prior to executing transactions.
How We Use Soroban Our team, consisting of former members of DSTOQ who previously tokenized stocks on the Stellar network, greatly appreciates the visionary aspect of account abstraction as implemented in the native Stellar protocol. This concept allowed for advanced schemes such as Key Recovery and Sponsored Payments long before ERC-4337 was drafted. As pioneers in implementing an FMA (Financial Market Authorities) approved Key Recovery Scheme and sponsored payments in our DSTOQ protocol, we now aim to bring advanced account abstraction to Soroban with a clean user interface through MultiClique. MultiClique is a CustomAccount Protocol that employs Soroban’s built-in __check_auth mechanism to create a policy system for managing members and signing thresholds for asset transfer and contract calls. The core policy can be extended by hook points that are integrated into the policy flow, making the policy system flexible and extendable. It's not just a protocol, but a complete application stack with a user interface that simplifies the usage of multi-signature policies and council-managed contract calls, providing an easy-to-use, no-code experience.
$97.5K
Christian Peters
No other submissions.