Gnosis Safe on Harmony
The Gnosis Safe is a smart contract wallet with multi-signature functionality at its core. Gnosis Safe Application on Harmony: https://multisig.harmony.one
Connect Wallet
You can connect to Gnosis Safe using Metamask.
1) Go to the Safe application on Harmony at https://multisig.harmony.one and click on Connect Wallet.
2) Chose your wallet.
Connecting with MetaMask
Select the MetaMask option in the connect wallet menu. Check that the correct MetaMask account is active and connected to the Harmony Network.
Create Safe
1) Press Create new Safe.
2) Name the safe. This will be stored locally. Press Start to continue.
3) Add additional owners if you want. For each additional owner:
Select how many owners will be required to confirm a transaction
4) Submit your safe by clicking on Submit. You will need a very small amount of ONE tokens to confirm the transaction.
5) Confirm the transaction on Metamask.
6) If all steps were sucessfull your Safe should have been deployed. Just click on Continue.
Load Existing Safe
You can load the Safe on other devices, so everyone can sign transactions using the same safe, but using different accounts.
1) On main page there is an option called Load Existing Safe. Click on this button as shown by the image below.
2) Pick a name for your Safe and paste the Safe Address. The Safe Address can be found on the main page. If you are in doubt please check section Receive Tokens.
3) Review owners by clicking on Review.
4) Load Safe by clicking on Load.
If sucessfull, you should see your Safe loaded on main page.
Send Tokens
1) On the main page click on New Transaction.
2) On next window click on Send funds. You can also send collectibles, but for this example we will be sending normal tokens.
3) On next window fill the recipient address you want to send your tokens to and the amount. After that click on Review.
4) O next window click on Submit.
5) A Metamask window will pop up for you to confirm the transaction. You should see your transaction confirmed on the next window. On our example we are using 2 of 3 signatures for the tokens to be sent out of the Safe.
6) We need at least one more account to confirm the transaction on the safe. Just click on Confirm logged in with the required account.
7) Approve the transaction by clicking on Approve Transaction.
8) If all the parts have confirmed the transaction you should see Success on top.
Receive Tokens
Once you have a Safe deployed, you can use the Safe address to receive tokens. Just click on Copy to clipboard.
FAQs
What is a Gnosis Safe threshold? The threshold is the number of signers required to confirm a transaction. Once the threshold of owner accounts have confirmed a transaction, the Safe transaction can be executed.
How secure is gnosis safe? ›
Gnosis is safe for Individuals and enterprises.
This means that even if one private key is compromised, their funds remain secure as another signature is required to access them.
What is a gnosis wallet? ›
Wallets are foundational to the web3 user experience. They store private keys, keeping your crypto safe and accessible. They allow one to send and receive assets, interact with smart contracts and dApps. Below are a list of compatible, third-party software and hardware wallets for Gnosis Chain.
How to connect to gnosis safe? ›
Step 1: Connect Wallet
Navigate to https://app.safe.global/welcome. Make sure your Metamask wallet is on the Sepolia network. At the top right of the Safe website, you should see text in red: Connect wallet. Click on the dropdown and click the green Connect wallet button.
What happens if you destroy a Gnosis? ›
It is possible, although without any known basis, that destroying a Gnosis may attract the attention of the Heavenly Principles. It was revealed in the conversation between Neuvillette and Skirk that the Gnoses were created from the remains of the Third Descender.
What wallets are compatible with Gnosis safe? ›
Wallet Compatibility
Gnosis Safe is compatible with popular hot and cold Ethereum-based wallets such as Metamask, Wallet connect, Trust wallet, Ledger or Trezor.
Did Gnosis safe rebrand to safe? ›
The funding round was led by 1kx and investors include Tiger Global, Kraken Ventures, Digital Currency Group and Coinbase Ventures. Multi-signature wallet protocol Gnosis Safe has raised $100M in a funding round led by venture capital firm 1kx and will rebrand as “Safe”.
Is Gnosis safe self custody? ›
SAFE (previously Gnosis Safe) is an open-source, non-custodial wallet for managing digital assets. Safe is the most trusted decentralized self-custody protocol and collective asset management platform in the world currently. It securely stores around $50 billion of assets.
Is Gnosis Pay legit? ›
Gnosis Card is certified by Visa, adheres to EMVCo standards, and is as secure as any other debit card. Q: What can I do with my Gnosis Card? You can make purchases with your Gnosis Card at any Visa terminal, no different than any other Visa card.
What is the alternative to gnosis safe? ›
While Gnosis Safe remains a trusted multi-signature wallet, several alternatives offer secure storage and transaction management for digital assets. Competitors like Tholos, Argent, Ambire, and Fireblocks are among the top competitors to Gnosis Safe.
In order to execute a transaction through your Gnosis Safe you must first gather and prepare the mandatory data for the action you want to take. In this tutorial, we will work through an example of a simple ERC20 token transfer with the Safe owned by two wallets, where the authorization threshold is two.
How do I withdraw from Gnosis? ›
Gnosis withdrawal
- Navigate to your Wallet and click the Withdraw button.
- Select Gnosis wallet in the “Withdraw from” field.
- Select the withdrawal address or add a new withdrawal address. ...
- Enter the amount of Gnosis you wish to withdraw.
- Click Review withdraw button.
- You will be presented with the confirmation screen.
The free to use wallet includes multisignature functionality for enhanced security and control over digital assets.
How does Gnosis safe work? ›
Unlike a standard private key wallet, it uses a smart contract to control funds. Gnosis safe allows you to create a smart contract wallet (a safe) with any amount of owner addresses, and allows you to choose the number of owners needed to authorize a transaction.
Is Gnosis safe decentralized? ›
A radically inclusive infrastructure that bridges the gap between blockchain technology and scaled real world use cases. The Gnosis ecosystem is underpinned by Gnosis Chain, a highly secure, resilient, and decentralized EVM-compatible layer 1 network along with two venture-building arms.
How much is Gnosis protocol? ›
About Gnosis
The Gnosis price is $325.53, a change of 2.57% over the past 24 hours as of 5:00 p.m. The recent price action in Gnosis left Read more... Buy crypto on a secure, trusted platform.
Is Gnosis proof of stake? ›
Gnosis Chain and Gnosis Beacon Chain
The GBC uses a Proof-of-Stake system – similar to Cardano and Solana – whereby users lock up an amount of GNO to participate in the transaction validation process and thereby receive additional GNO tokens as a reward for helping to secure the network.
Does Gnosis have a token? ›
Gnosis Wallet. GNO is the native token of the Gnosis ecosystem. It's used for staking on the Gnosis Beacon Chain and acts as the governance token for the GnosisDAO.
