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AirDAO-Multisig

The AirDAO Multi-Sig Wallet is a secure, multi-signature wallet that features multi-owner control and quorum-based approvals.

AirDAO-Multisig

Created At

ETHGlobal Singapore

Project Description

Gitbook: https://airdao-multisig.gitbook.io/airdao-multisig-docs/

Frontend repo: https://github.com/tanvi-sanghai/airdao-multisig-frontend

Contracts Repo: https://github.com/tanvi-sanghai/airdao-multisig

The AirDAO Multi-Signature Wallet is a smart contract deployed on the AirDAO blockchain that enables a group of owners to collaboratively manage digital assets. Funds can only be withdrawn after receiving multiple approvals (passing the threshold), enhancing security and accountability, making it ideal for DAOs, communities, and joint ventures. Key Features Multi-Owner Architecture: Supports multiple owners, each authorized to initiate and approve transactions, reducing risks associated with single points of failure. Quorum Requirements: Configurable settings require a specific number of approvals before transactions can be executed, promoting trust and collective governance. Transparent Transaction Management: On-chain recording of all transactions provides an immutable record, allowing owners to easily track approval statuses and fund allocations. Event Logging: Key actions emit events that can be monitored off-chain, enhancing transparency and providing real-time updates to stakeholders. Error Handling: Custom error types improve clarity during contract interactions, ensuring users receive meaningful feedback.

How it's Made

The project combines a robust tech stack, starting with a React frontend that provides an interactive user experience. React’s component-based architecture allows for efficient management of the user interface, ensuring a responsive and dynamic application. To enhance aesthetic appeal and usability, we employed Tailwind CSS, which offers utility-first styling for rapid design iteration while maintaining consistency.

For blockchain integration, we utilized Wagmi and Viem. Wagmi simplifies the connection between our React app and the Ethereum blockchain, facilitating user wallet management and transaction processing. Viem provides a low-level interface for interacting with our smart contracts, allowing seamless invocation of contract functions. Our smart contract, a multi-signature wallet, is deployed on the AirDAO L1 blockchain, enhancing scalability and efficiency.

The smart contract itself is designed to manage digital assets securely and collaboratively. It supports multiple owners, requiring a quorum of approvals for any withdrawal transaction, which reduces the risk of unauthorized access and fraud. Key features include event logging for transparency, custom error handling for clarity, and the ability to track transaction statuses on-chain. This design fosters accountability among owners, making it particularly suitable for organizations and joint ventures.

To perform authentication and transaction signing, we incorporated WalletConnect. This tool allows users to securely connect their wallets, enabling them to sign transactions directly from their devices. The frontend communicates with the deployed multi-signature wallet smart contract, enabling users to collaboratively manage assets. They can initiate withdrawals, approve transactions, and check balances, all through intuitive UI components. This integration of technologies not only enhances the functionality of our application but also ensures a smooth user experience, effectively marrying the power of blockchain with modern web development practices.

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