Multi-Approval Safety
Review
Pros & Cons
Key Benefits
The multisig wallet means several team members must okay actions, making fund handling safer.
Easy to Use
Squads Protocol offers a simple interface, avoiding complicated tech steps for managing assets.
Clear Actions
Every move needs several okays, and details are shown clearly, making things open and responsible.
Red Flags
Solana Only
It's made just for Solana, so teams on other blockchains can't use it.
Newcomer Caution
Teams might wait to use it until it's more established and widely used.
Contract Risks
Even with smart contracts for security, there's still a chance of technical bugs or attacks.