What it is
Squads is the standard multisig on Solana. A Squads multisig has members and a threshold: how many of them must approve before anything moves. Money sits in its vault, an address the multisig controls.
Members and threshold
| Setup | Members | Threshold | Good for |
|---|---|---|---|
| Solo | You | 1 of 1 | One creator who wants fees kept apart from their personal wallet. |
| Partners | You + a partner | 2 of 2 | Two people who must both agree to spend. |
| Crew | You + 2–4 others | majority | A team where no single person can spend alone. |
Up to ten members. Each one has full permissions: propose, approve and execute. The rent paid when proposals are created comes back to the creator.
Spending from it
Spending is a three-step proposal: propose a payment, approve it (as many members as the threshold), then execute. Each step is a transaction a member signs. Today you spend from the Squads app at app.squads.so with any member's wallet; spending from the coin's page on Mob is coming.
It's public
The treasury's balance is on the coin's Books, and every payment is a public transaction anyone can check on Solscan.