Set Recoverer
Last updated
Last updated
After selecting a multisig account, go to the multisig account settings page and choose the Recover tab to configure the Recoverer. You need to set three parameters:
Recoverer: Enter an address that can initiate an account reset Proposal. Each multisig account can only have one Recoverer, so choose a trusted partner to avoid losing funds.
Review Window: Select a period during which, after the Recoverer successfully initiates a reset Proposal, the multisig account can initiate a cancellation operation. If the cancellation is approved, the Recover Proposal becomes invalid.
Expire Period: Select a period. If the Recover Proposal is not canceled after the Review Window, the account reset transaction must be executed within the Expire Period after the Review Window ends; otherwise, the Recover Proposal becomes invalid. Setting a Recoverer requires approval and execution by the required number of members before it can be officially used. There can only be one Recoverer.
If there is a security risk with your account members (though we hope this never happens), the Recoverer can go to the homepage of the address, where a prompt will indicate that the Recoverer can initiate a reset Proposal.
Upon entering, the Recoverer can reconfigure the members and the threshold of the multisig account.
After completing the configuration, click submit to enter the Review Window stage.
If a user wants to oppose the reset, they can find the transaction in Pending Transactions and initiate a cancel transaction. If the cancel transaction is successfully executed, the Recoverer Proposal will be canceled.
If no one opposes during the Review Window, the user needs to execute the transaction before the Expire Period ends to officially modify the account members and threshold configuration.
If you want to delete the Recoverer, go to the account settings under Recover, find the previously set Recoverer, and click the delete button. This will initiate a transaction that needs to be approved and executed by the required number of members to be officially deleted.
