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3 posts tagged with "multisig"

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Multi-Signature Parameters Explained — Approvals, Balance Limits, and Fund Withdrawals

· 7 min read
Pay Protocol Support
Pay Protocol Support
Pay Protocol BD & Support Team

Multi-signature parameters manage merchant administrator permissions, fund security, withdrawal destinations, balance limits, and operation frequency.

Each parameter has its own scope. The governance voting ratio only affects administrator proposals, while withdrawal intervals apply to their respective fund withdrawal paths independently.

Cold Vault Replacement and Emergency Sweep Address Setup Guide

· 8 min read
Pay Protocol Support
Pay Protocol Support
Pay Protocol BD & Support Team

This guide is intended for merchant operations and fund security teams. It covers the full workflow for cold vault replacement, emergency sweep address setup, emergency fund withdrawal address setup, and high-risk fund handling.

You can execute the process in the following order:

  • Replace the cold vault (multisig)
  • Set the emergency sweep address (multisig)
  • Set the emergency fund withdrawal address (multisig)
  • Sweep and withdraw funds from blacklisted sub-contracts