Bitcoin Syndicate Vault
Last updated
Last updated
Bitcoin Syndicate Vault is a multisig vault that store assets and btc .in multisig vault and send it using batch transfer features
Create New Syndicate Vault
To create new syndicate vault, you need to follow below steps. First, you need to select New Vault option on the header. Second, you need to switch Syndicate Vault to see option for creating new syndicate vault.
Co-signer This is co-signer list that be used to sign the transaction in this multisig vault. Each co-signers is separeated by line break and this is not allowed to be repeated. The one co-signer pair make the unique one multisig vault so same co-signer is not allowed to be used again.
Threshold value This vaule is used to define the vaule for threshold in multisig vault. This means to sign the transaction, at least this number of co-signer is needed among co-signers. This vaule should be equal or less than length of co-signer length.
When user finish this process, the new syndicate vault generated successfully. Here we need some time to etch new rune tokens. new rune tokens can be etched after 6 block so after this time new rune tokens will be etched successfully.
Batch Transfer
This feature is for transfer assets to edition vaults at once by one click
To perform Batch Transfer, you need to click Syndicate vault on header at first. And then you can see the all syndicate vault list in the mani workspace. Here you need to click Batch Transfer to open modal for batch transfer.
After you click Batch Transfer, you can see the modal like below
These are descriptions of these option for Batch Airdrop in Syndicate
Rune Ticker - This is assets stored in this airdrop vault so you can select one among them. Balance - This shows balance with above ticker stored in this parent airdrop vault. Unite Amount - This is amount that will be airdroped to each editions. Editions - This shows both of lengh of editions and list of pubkeys of co-signers. Batch Transfer - This is submit button to batch transfer airdrop tokens.
Sign Request
To make the batch transfer, we need to get signature from co-signer at least threshold vaule. You can see this request
And then you can see request card in main workspace.
When you click Sign button, you can see wallet modal for signing this transaction.
After you sign this, you can see that your wallet pubkey is listed on request card.
Once threshold amount of co-signer sign this psbt, this will be broadcasting into network and batch transfer will be performed successfully.
Rune as DAO token In this multisig vault, we applied unique point to use the rune tokens as DAO token. When you check this option, you can see additional input like below picture Upload Image Here, you can set the Image for multisig vault mark when listing this multisig vault. And these info is needed for etching the rune tokens for this multisig vault DAO token. Rune Name This is used for rune ticker. the space will be recognized as a dot in rune name Rune Amount This is amount for rune total supply. Rune Price This is the price for selling and buying the rune tokens between persons. Rune Symbol This is the rune symbol to be used in new rune token.
