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Canton Wallet Safe (Multisig)

Set up a multi-signature wallet with shared control and enhanced security. Safe accounts are ideal for treasury management and institutional-grade custody, requiring multiple signers to approve transactions.

What You Need

  • A Canton Wallet account logged in

  • The full Party IDs of all co-signers you want to add

  • Agreement from all co-signers to sign the creation request within 7 days

Step-by-Step Safe Account Creation

Step 1: Access the Safe Section

  1. Open your Canton Wallet

  2. Tap the menu icon (☰) in the top left corner

  3. Tap "Safe" from the menu

Step 2: Start Safe Creation

  1. On the Safe page, tap the "Get Started" button (or "Create Safe" if you already have existing Safes)

Step 3: Name Your Safe (Step 1 of 3)

  1. Enter a name for your Safe in the "Safe Name" field (e.g., "Company Treasury")

  2. Names must be 3-20 characters and can include letters, numbers, spaces, hyphens, and underscores

  3. Tap "Next"

Step 4: Add Members & Set Threshold (Step 2 of 3)

  1. You will appear as the first signer automatically, marked with "YOU"

  2. To add co-signers:

  • Enter the co-signer's full Party ID in the "Add Co-Signers" field

  • Tap "Add"

  • The co-signer will appear in the "Signers" list

  1. Repeat to add more co-signers as needed

  2. Set the "Signatures Required" using the "+" and "-" buttons

  • This determines how many signers must approve each transaction (e.g., 2-of-2, 2-of-3)

  1. Tap "Next"

Step 5: Review & Sign (Step 3 of 3)

  1. Review your Safe configuration:

  • Safe Name

  • Threshold (e.g., 2-of-2)

  • Total Signers

  • Safe Creation Deadline (7 days for all signers to sign)

  • Transfer Deadline (24 hours for transaction approvals)

  • Signers list with Party IDs

  1. Tap "Sign & Create Safe"

  2. The button will show "Signing..." while processing

Step 6: Await Co-Signer Signatures

After you sign, the Safe enters "Pending Submission" status:

  1. Your signature is recorded (shown with a checkmark next to your name)

  2. All other signers must sign within 7 days to activate the Safe

Co-Signer Approval Process

Each co-signer must complete these steps to activate the Safe.

Step 1: Review the Request

  1. Co-signers will see a notification banner: "1 transaction need your attention"

  2. Tap "Review" to open the "Pending Signatures" page

Step 2: Sign the Creation Request

  1. Review the pending "Create Safe" request showing:

  • Proposed by (creator's username and date)

  • Signing Threshold (e.g., 2-of-2)

  • Signers list with signature status

  • Signatures progress (e.g., 1/2)

  1. Tap "Sign" to approve

  2. The button will show "Signing..." while processing

Step 3: Submit to Network

  1. Once all required signatures are collected, the request shows "Submitting..."

  2. The Safe is submitted to the Canton Network for activation

Step 4: Activation Complete

  1. The "Pending Signatures" page shows "All Caught Up!" when complete

  2. You can enable push notifications to be alerted when signatures are needed (a prompt from the browser)

Safe Activation

Once all signers have signed and the Safe is submitted to the network:

  1. The Safe page shows "Awaiting participant authorization..." briefly

  2. Once activated, you'll see the "Safe Activated" banner: "Your safe has been successfully activated. You can now send and receive funds."

  3. The Configuration section shows:

  • Status: "Active"

  • Signature Threshold

  • Safe Party ID (your Safe's unique address for deposits)

  • Members list

Safe Dashboard

Your activated Safe displays:

  • Safe Name with threshold indicator (e.g., "Skybridge 2/2")

  • Members shown as badges (e.g., @law, @moscow)

  • Quick action icons: Copy address, Edit, View, Settings

  • Tap the Safe card to access Transactions and Settings tabs

Managing Safe Settings

After activation, you can modify your Safe configuration.

Accessing Edit Settings

  1. Open your Safe and tap the "Settings" tab

  2. Tap "Edit Settings"

Available Configuration Options

  • Change Threshold: Adjust the number of signatures required (within the range of current members)

  • Add Member: Enter a full Party ID and tap "Add"

  • Remove Member: Tap on a member's name under "Remove Member" to select them for removal

Proposing Changes

  1. Make your desired changes

  2. Tap "Propose & Sign [X] Changes"

  3. All members must sign the proposed changes for them to take effect

FAQs

Q: What is a Safe multisig account?

A: A Safe is a multi-signature wallet that requires multiple signers to approve
transactions. This provides enhanced security and shared control, making it ideal for team treasuries and institutional custody.


Q: How many signers can I add to a Safe?

A: You can add multiple co-signers to your Safe. The exact limit depends on the network configuration.


Q: What is the signature threshold?

A: The threshold is the minimum number of signers required to approve a transaction. For example, a 2-of-3 threshold means any 2 of the 3 members must sign to approve.


Q: How long do co-signers have to sign the creation request?

A: Co-signers have 7 days to sign the Safe creation request. If not all required signatures are collected within this period, the request expires.


Q: How long do signers have to approve transactions?

A: Signers have 24 hours to approve pending transactions (Transfer Deadline).


Q: Can I change the Safe configuration after creation?

A: Yes. You can change the signature threshold, add members, or remove members by tapping "Edit Settings" in the Settings tab. All proposed changes require signatures from the existing members.


Q: What is the Safe Party ID?

A: The Safe Party ID is your Safe's unique address on the Canton Network. Use this address to receive deposits into your Safe.


Q: How do I enable notifications for pending signatures?

A: When you see the "Get notified when signatures are needed" prompt, tap "Enable" to turn on push notifications for your Safe.

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