Overview
Squads Wallet is a non-custodial, multi-signature wallet tailored for the Solana ecosystem with robust tools for governance, transaction approvals, and treasury management. Squads Wallet is ideal for decentralized autonomous organizations (DAOs), startups, and teams that require shared asset control and collaborative decision-making on Solana.
Pros
– Designed specifically for Solana, offering fast transactions and low fees compared to Ethereum-based solutions like Gnosis Safe.
– Built-in governance functionalities such as proposal creation, voting, and on-chain execution.
– Works seamlessly with popular Solana protocols and dApps, allowing for easy DeFi access.
Cons
– Squads Wallet is restricted to the Solana ecosystem. Users cannot manage assets across different blockchains.