Yplusvault is a MultiSig wallet architectured as a decentralised application on the Xinfin blockchain. It operates worldwide on XDCNetwork, with no intermediaries, making it safer for conducting transactions at the individual and organisation levels. It's a one-stop-shop solution for your advanced digital asset security needs.
Yplusvault is an industry-leading MultiSig wallet because we provide safe, reliable, and trustworthy technology for your transactions.
XinFin Network Community
XinFin is a Hybrid Blockchain platform with an open-source architecture and a global community of independent contributors. By utilizing a delegated Proof of Stake consensus algorithm, the XDC Network can deliver exceptional transaction speed and minimal transaction costs.
Yodaplus' MultiSig wallet operates in a decentralized, peer-to-peer manner, assisting trade finance originators in distributing deals to a diverse group of funders, including both banks and non-bank entities. It facilitates efficient capital management and strengthens buyer/supplier relationships for both corporate and government treasuries.
With 2-of-2 and 2-of-3 type MultiSig wallets, Yplusvaults provide two-factor authentication for verification before any transaction. A secondary confirmation sent through external devices helps authenticate and secure every exchange.
Multisig wallets are a useful tool for decentralized organizations, allowing for shared storage of funds and enabling board members to make collective decisions even in the event of disagreements. By implementing a 5-of-7 or 6-of-8 wallet structure, no single user can misuse the key and the security of the wallet is enhanced.
Maker-checker accounts help you create multiple keys to your MultiSig wallet. You can store them at multiple locations: on your laptop or at a physical location. It provides an additional security layer for your wallet.
Yplusvaults allow you to set up Escrow arrangements where any initiated transactions are first approved by an appointed third party who ensures that the contractual terms and conditions are fulfilled.
Yplusvaults can be used on multiple devices, like hardware wallets, laptops, paper wallets, or a combination to store your digital assets
YPlus Multisig Vault supports XDC, XRC20 Tokens(SRX, PLI, USNOTA, GBEX), stable coins (SGDG, EURG, HKDG, USDG), and XRC721 (Collectibles). You can easily find the fiat values of your assets in the vault.
You can easily connect to the XDCPay wallet and a hardware wallet D’cent.
Yplusvault is built on the Xinfin blockchain on the XDCNetwork. Every transaction needs approval from a minimum number of participants before it can be conducted.
To secure your digital assets, consider three factors -
It's best to use more than one owner and a threshold higher than one to ensure that no individual can execute a transaction independently.
The Safe is compatible with Xinpay, Metamask, hardware wallets like D’CENT, and mobile wallets that could support WalletConnect.
You can send funds by selecting "New Transactions" and clicking "Send Funds." You must specify your recipients and authenticate the transfer to complete the process.
To send new funds there is an option of “New Transaction” and click on “Send Funds”. Next, you will be able to select the recepients and proceed by transferring the assets to the recipient. After that, you can review the transactions and can modify the advanced transaction parameters like gas with utmost ease.