How It Works
Learn how MultiSig Withdrawal keeps your treasury secure
MultiSig Withdrawal is a secure 2-of-N multi-signature system for managing treasury funds. Every withdrawal requires approval from at least two authorized signers, protecting against unauthorized access and single points of failure.
The Withdrawal Process
Create a Withdrawal Request
Any authorized withdrawer can create a request specifying the amount, token type (ETH, USDC, or USDT), and recipient address.
Wait for Approval
The request enters a pending state. Another withdrawer must review and approve it. The initiator cannot approve their own request.
Second Signature
Once a second withdrawer approves, the request is marked as approved and ready for execution.
Execute the Withdrawal
Any withdrawer can execute the approved request, transferring funds to the specified recipient.
Security Features
Auto-Approval Fallback
If no action is taken within the cooldown period (default 30 days), requests automatically become executable. This prevents funds from being locked if signers become unavailable.
Decline Protection
Withdrawers can decline suspicious requests. Declined requests cannot be executed and are permanently closed.
Role-Based Access
Admins manage contract settings and user roles. Withdrawers can create, approve, and execute requests. Viewers can monitor activity.
User Roles
- • Manage withdrawers
- • Set cooldown period
- • Configure contract
- • Create requests
- • Approve/decline
- • Execute withdrawals
- • View balances
- • Monitor requests
- • Track activity
Request Status Flow
Tip: All actions are recorded on-chain for full transparency and auditability. The smart contract is built on OpenZeppelin's battle-tested AccessControl system.