🛗Creating a pure proxy
Proxies enable signatory management
Last updated
Proxies enable signatory management
Last updated
Proxies are essential part of your multisig experience on substrate since they allow enhanced functionalities for your multisig wallets.
You can click on create proxy button from multiple places in the product. (It is well placed, we are sure you won't miss)
Clicking on Create proxy will open up a product popup box -
You will notice that when creating a proxy, a small amount is included in the txn apart from txn gas.
Well, that's the existential deposit for your proxy account.
Once you approve the transaction, a proxy wallet is created.
BUT, the multisig wallet is not linked to the proxy wallet yet as it awaits approval from other signatories.
The other signatories can see the transaction in their transaction queue tab once they login to Polkasafe.
Once the threshold is reached, the proxy is succesfully linked to your multisig wallet.