Before you start
This section should help you be well-prepared before you start multi-signing.
Environments
Pyxis Safe currently has 2 public stable environments with the same functionality:
| Environment | URL | Supported networks |
|---|---|---|
| Production | https://app.pyxis.aura.network/ | Aura Mainnet |
| Public Test | https://test.pyxis.aura.network/ | Aura Testnet, Cosmos Hub Testnet, Evmos Testnet, Canto Mainnet |
What you will need
- Stable internet connection (of course);
- Personal wallets properly set up using Keplr or C98 wallets: All co-owners must have a personal wallet connected. As of now, Pyxis Safe supports wallets as in the below table:
| Wallet | C98 Wallet | Keplr Wallet |
|---|---|---|
| Aura Mainnet (aura_6322-2) | ✅ | ✅ |
| Aura Testnet (aura_6321-3, auradev_1236-2) | ✅ | ✅ |
| Cosmos Hub Testnet (theta-testnet-001) | ✅ | ✅ |
| Evmos Testnet (evmos_9000-4) | ❌ | ✅ |
| Canto Mainnet (canto_7700-1) | ❌ | ✅ |
Usage practices
There are many ways to set up a multi-sig wallet for various purposes. Those below notices might be helpful for you in the practice of creating one:
- The sign threshold should not be the value of 1. Setting the signing threshold to 1 is against the purpose of multi-signing. It exposes the wallet to higher risk than a personal wallet, as the wallet will be compromised if any of the owner's private keys are leaked.
- There are some good practices below that you might use as reference:
- Use a multi-sig wallet as a 2-factor authentication: Set up a Safe using three of your wallets as owners with a threshold of 2. Use two wallets to sign transactions while keeping the other wallet safe and rarely used for backup purposes.
- Peer-reviewed transactions: Setting up a Safe with the desired number of owners, like 5, but with a threshold of 3. This will ensure that every transaction that one creates will be reviewed by two other owners before execution.