Gnosis MultiSig Workshop
Type
cadence
Flow
Date
Note-taker
Attendance
Last Edited Time
Feb 22, 2022
Last edited by
👷♂️ Setup a Safe
Go to https://gnosis-safe.io/app/
Create a Safe
Add a Safe name
Add your teammates address and choose the number of transaction required (for example: 6 out of 8)
When the Multisig is created you can share its address
📩 How to Send funds
Create the transaction
In our case 6 person have to confirm by signing the transaction (no fees required for that)
Once we have the minimum number of signatures, someone can Execute it (this is when you pay the gas fee)
🌐 Link and use a DeFi Apps
Use WalletConnect
Copy the WalletConnect url
Past the link in Gnosis Safe ("APPS" tab → WalletConnect)
Go back to HoneySwap and create your swap
Go back to Gnosis Safe to validate the transaction (make sure gas is setup correctly)
Confirm by other members of the Multisig + Execute
🛠 Multisig config
update owners
update the required confirmations
👷♂️ Setup a Safe
Go to https://gnosis-safe.io/app/
Create a Safe
Add a Safe name
Add your teammates address and choose the number of transaction required (for example: 6 out of 8)
When the Multisig is created you can share its address
📩 How to Send funds
Create the transaction
In our case 6 person have to confirm by signing the transaction (no fees required for that)
Once we have the minimum number of signatures, someone can Execute it (this is when you pay the gas fee)
🌐 Link and use a DeFi Apps
Example with HoneySwap
Use WalletConnect
Copy the WalletConnect url
Past the link in Gnosis Safe ("APPS" tab → WalletConnect)
Go back to HoneySwap and create your swap
Note: you can see the Multisig address on the top right
Go back to Gnosis Safe to validate the transaction (make sure gas is setup correctly)
For the demo, we used XDai to avoid spending too much fees ...
Confirm by other members of the Multisig + Execute
🛠 Multisig config
Go to "SETTINGS" tab to:
update owners
→ needs approval + gas cost to update the smart contract
update the required confirmations
→ needs approval + gas cost to update the smart contract