Creating and resharing a vault

1. Creating a new vault
2. Resharing a vault

Create a new vault

Please follow the below steps:

1. On the web dashboard, navigate to the "Vaults" section on the left-hand side, then select "+New Vault" located in the top right-hand corner

2. Specify a unique name for the vault and click “Next”. Once created the vault name cannot be changed

3. Specify the vault threshold. This refers to the amount of signing power required to complete a transaction or reshare request. The vault threshold can be updated after creation, via a reshare

4. Select the users who will be a member of the vault signing party, and specify the signing power to be allocated to each user's signing device..

   1. Signing power will determine the number of secret shares a user controls with their specified signer
   2. Please note : If you wish to participate in the signing process, ensure that you are added as a signer
   3. Please note : The user list will only show individuals who have  registered a signing device
5. After selecting the signer(s), click on "review" to examine the details of the vault creation and the signing power allocated for this specific vault
6. Click “Submit for Approval” to send the vault creation request or if you need to amend / update the details, click “edit”
7. Once submitted, you can return to the dashboard by clicking on "dashboard" or track the progress of the vault creation by clicking on "Track progress"

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

   A reshare request must be approved and completed within 10 minutes, after which the request will expire
9. After successful completion, the vault will be viewable in the dashboard.

Resharing a vault

The reshare process enables you to modify specific vault thresholds, signing power allocation, or signing parties. Any modifications to these parameters require meeting the current approval threshold and participation by all signers of the resulting signing party.

A reshare request can be processed by following:

1. On the web dashboard, navigate to the "Vaults" section on the left-hand side, then select the relevant vault you want to edit 
2. Click on the gear icon within the top-right (next to “new transfer” button)
3. Select “Edit Threshold & Signers”

4. The following actions are then possible:

   1. Editing the vault threshold

   2. Adding a new user to a signing party
   3. Removing a user from a signing party
   4. Changing an existing user’s signing power

5. Select “Request reshare” in the bottom right

6. All signing party members (existing or proposed) will be prompted to approve this reshare via their signing devices. For more information on approving or rejecting a transaction request see here
7. Once approved, amendment will be updated within the vault settings.