Governance Vault

This article explains how to set up the governance structure for the MPC-TSS validation process.

Governance Vault Capabilities - more options will be available in future releases

• Invite / Deactivate users and admins  
• Adding or Removing admins to the Governance Vault

Please note: Once this feature is enabled, users will not be able to turn it off. Make sure the selected threshold aligns with your business needs.

1. Create a new governance vault
2. Review a governance vault
3. Edit a governance vault
4. Governance vault validation via MPC-TSS technology

Create a new governance vault

1. On the web dashboard, click on "Settings"
2. Underneath the “Settings” tab, click on “Governance Vault” 
3. Click the “Set Up Your Governance Vault” button

4. On the "Create Governance Vault" page, specify the vault threshold (the amount of signing power required to complete a transaction or reshare request)

5. Select the users who will be a member of the Governance Vault signing party, and specify the signing power to be allocated to each user's signing device. Signing power will determine the number of secret shares a user controls with their specified signer
6. After selecting the signer(s), click on "review" to examine the details of the vault creation and the signing power allocated for the Governance vault
7. Click “Submit for Approval” to send the vault creation request or if you need to amend/update the details, click “edit”
8. Once submitted, you can return to the settings page by clicking on "Back to Settings" or track the progress of the vault creation by clicking on "track progress"

9. Each user specified as a member of the Governance Vault signing party must approve the request on their device and participate in the Governance Vault creation process

   A reshare request must be approved and completed within 24 hours, after which the request will expire
10. After successful completion, the vault will be visible on the dashboard, and users will be able to invite team members under the “My Team” section of the settings page.

Review a governance vault

1. You can review the details of your Governance Vault, including the threshold and signers, by navigating to the 'Settings' page
2. Then selecting the 'Governance Vault' tab and clicking the settings gear icon in the top left corner
3. This will take you to the Vault Settings page, where all current configurations can be reviewed

Edit a governance vault

1. Navigate to the Vault Settings page as described above
2. Request a reshare to edit the threshold and signers
3. At this stage, you can cancel any changes by clicking the “Cancel Edits” button or proceed with the modifications by clicking the “Request Reshare” button
4. You will follow the same signing process for this action as with any other within the vault product

Governance vault validation via MPC-TSS technology

1. After clicking the appropriate button to add, deactivate a user, the request is forwarded to the registered signers for approval
2. Open the app on your registered signer
3. Select the pending transaction request you want to review
4. Review transaction details
5. Using the sliding bar, slide across the screen to approve the transaction
6. Successfully authenticate via FaceID