๐Ÿ†•Add Signers

Expand your team by adding more Signers to your existing Safe.

The Add Signer feature provides the functionality to incorporate new Signers into your Safe. There are two distinct approaches to adding Signers to a Safe:

  1. Define Signers

  2. Add Signer

The Define Signer approach allows the addition of all Safe Signers during the initial setup of the Safe. The main account holder is responsible for inviting other Signers to participate in the Safe. Further information on specifying Safe Signer during the creation process can be found in these resources: here and here.

The Add Signer approach facilitates the addition of a Signer to a pre-existing Safe.

The below steps will guide you through adding a Signer to an existing Safe:

Step 1: Accessing the Add Signer option

Navigate to the Accounts section. Choose the desired Safe, expand it, and locate the Add Signer button (denoted by red in the screenshot below).

Step 2: Enter Signer information and create a proposal

Enter the following information:

  • The user's ENS or wallet address

  • Change in threshold (if applicable)

Confirm the accuracy of the provided information and click Create Proposal to finalise the process.

As you are introducing a new Signer to an existing Safe, Coinshift mandates the approval of other Safe Signers, in accordance with the Safe's threshold.

Selecting Create Proposal submits the proposal to other Signers, who can then choose to approve or reject it.

Step 3: Action on Proposal

Signers can take one of three actions on a proposal:

  • Proposal Rejection- If any Safe Signer rejects the proposal, it will be discarded Off-Chain.

  • Proposal Approval and Execution- If the number of votes in favor of the proposal meets Safe's required threshold, the transaction will be carried out, and the new Signer(s) will be added to Safe.

  • On-Chain Transaction Rejection- Even after a proposal has been approved, it can still be turned down in the on-chain stage. This can happen if a Safe Signer initially approves the proposal, moving it into the on-chain queue, but other Safe Signers decide to use the On-Chain Rejection option to stop the transaction.

Please ensure new Signers follow the steps mentioned in the Sign Up, and Joining an Existing Organisation articles sequentially. Upon accepting the invitation to join an organisation, they can fully access the Safe and conduct transactions.

Last updated