What is Yodaplus Multisig Vault?

Yodaplus Multisig Vault is a smart contract wallet that runs on the Xinfin blockchain. Before any transaction, it requires a minimum number (M-of-N) of people to approve it. For instance, you have 4 stakeholders in your business. Yodaplus Multisig Vault allows you to set up the wallet that requires approval from all 4 stakeholders before any transaction is sent. It ensures that no single person in the board could compromise the funds. Furthermore, the Yodaplus Vault also provides you with complete self custody of your funds. And, it does not require any bank to approve you of running a crypto business. The smart contract that is deployed is trustless and completely in your control.

What Safe setup should I use?

This depends on the number of owners, threshold and the owner wallet that could be used. It is generally advisable to use more than one owner account with a threshold higher than 1. There is no single account that can execute transactions but, always more than one account required to verify and execute the Safe Transactions. The Safe is compatible with Xinpay, Metamask, hardware wallets like D’CENT and the mobile wallets that could support WalletConnect.

What is the cost of creating a Safe?

The following is the cost off creating a safe. A Yodaplus Vault with 2 owners requires about 70K gas. A Yodaplus Vault with 3 owners requires about 84K gas A Yodaplus Vault with 4 owners requires about 91K gas.

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.

How can I receive funds?

You can easily send digital assets to Yodaplus Vault. The assets include XDC, XRC-20 Tokens, XRC-721 Tokens (NFTs). In order to receive funds to your own Safe, send them from the destination wallet using the Safe address. You will be able to find the safe address above the main navigation menu. You can even click on the “Receive” button to display the QR code for your Safe Address.

How to add owners to your Safe?

Go to the Settings and select he Owners section where you will find “Add New Owner Button”. Make sure that you are connected to one of the existing owners to see this button. Enter the name of the new owner in the Window that was opened and paste the owner’s Xinfin address. You will be able to set the transaction threshold and then you can press the Submit button to confirm the owner change on the blockchain.

Yodaplus Multi-Sig Wallet for Securing your Digital Assets

What is the Yodaplus Multi-Signature Wallet?

Our multi-signature wallet, Yplusvault, is a technologically advanced solution for your crypto fund security. Built on the Xinfin blockchain, this MultiSig wallet is operational for XDCNetwork worldwide. Yplusvault is devoid of intermediaries, making transactions safer and more secure, whether you're an individual or an organization.

Reliable Solutions

Yplusvault is an industry-leading MultiSig wallet ensuring secure transactions for its users.

Xinfin Network Community

Yplusvault is built on XinFin, a global open-source Hybrid Blockchain platform with independent community contributors. It uses a Delegated Proof of Stake Consensus network which helps it achieve ultra-fast and low-cost transactions.

TradeFinex

The platform operates in a decentralized manner, facilitating peer-to-peer transactions and aiding trade finance originators in distributing deals to a diverse group of funders, including banks and non-banks. This platform also assists corporate and government treasuries in efficiently managing their capital and enhancing their buyer/supplier connections.

Yodaplus MultiSig Wallet - One Platform, Multiple Uses

Two-Factor Authentication

Maximize your security using two-factor authentications with Yodaplus MultiSig 2-of-2 or 2-of-3 wallets. This type of authentication requires a secondary confirmation from external sources than your laptop for added security.

DAO

You can also opt for the Decentralized Autonomous Organization arrangement using 5-of-7 or 6-of-8 Yodaplus MultiSig wallets to increase security on spending.

Maker-Checker

Yodaplus MultiSig wallets provide an additional security layer by allowing you to store digital keys at different locations. You can choose to have one key stored in your laptop while the other in a hardware wallet.

Escrow Arrangement

With Yodaplus MultiSig wallets, avail the functionality of an Escrow transaction where an appointed third party holds the funds until all the parties involved have fulfilled their contractual obligations.

Yplus Vault for Individuals

You can personally manage your digital assets through Yplusvault by confirming transactions on various devices like hardware wallets, laptops, paper wallets, or even a combination of these.

Yodaplus Multi-Signature Wallet Dashboard

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.

Connect to a D’cent Hardware Wallet

You can easily connect to the XDCPay wallet and a hardware wallet D’cent.

Leading MultiSig Wallet for Enterprises

Yplusvault offers better management and control options for organizations to enforce accessibility permissions and better segmentation for enterprise use. The platform is ready to use and quick to deploy.

Yplusvault Use Cases

See our Yplusvault in action through a variety of use cases.

Connecting to D’Cent Wallet

2FA with Yplusvault

Escrow Account

FAQs

Yplusvault uses the Xinfin blockchain on the XDCNetwork. Before any transaction begins, it needs to be approved by the set minimum number of people using the wallet.

Your Safe setup depends on the number of owners, your threshold, and which owner wallet you use. Use more than one owner and a threshold higher than one to ensure that there are multiple authentication factors and that no individual can execute a transaction.

The owner wallet depends on what you're already using. The Safe is compatible with Xinpay, Metamask, hardware wallets like D’CENT, and mobile wallets that could support WalletConnect.

Here is a breakdown of the cost of creating a safe:

A Yodaplus Vault with 2 owners requires about 70K gas.
A Yodaplus Vault with 3 owners requires about 84K gas
A Yodaplus Vault with 4 owners requires about 91K gas.

Select "New Transactions" and select "Send Funds." Specify your recipients and authenticate the transfer to complete the process.

Yes, you can find the option to do that in the "Owners" section under the "Add New Owner" button. Under new owner details, you need to specify their Xinfin details.

Manage Your Digital Assets Efficiently Yodaplus Multisig Wallet