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Amulet Protocol<\/a><\/strong> is delighted to announce that all of our programs upgrade authority has been updated to multisig on Squads.<\/a> <\/strong>Squads simplifies management of developer and treasury assets for teams building on Solana and SVM. This exciting news ensures that Amulet can secure our programs in a multisig and manage them effortlessly within the team. <\/p>\n\n\n\n

Amulet has been deep in discussions with the Squads team and felt their solution was a perfect fit for the Amulet team, especially with our BUIDL on Solana. <\/p>\n\n\n\n

Check out the Amulet page on Squads here.<\/mark><\/a><\/strong><\/p>\n\n\n\n

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What is Squads?<\/strong><\/p>\n\n\n\n

Squads is a crypto and web3 company operations platform that simplifies management of treasury and developer assets for teams building on Solana and SVM (Solana Vector Machine). With Squads, the Amulet team (and others) can secure programs, treasuries, validators and tokens in a multisig and manage them jointly. <\/p>\n\n\n\n

Built on top of the Squads Protocol, an open-source, formally verified and immutable smart contract wallet infrastructure for Solana, Squads allows teams to manage a variety of on-chain assets together in a secure, decentralised and intuitive way. <\/p>\n\n\n\n

Squads will help Amulet by solving 3 core existing programs within asset management:<\/p>\n\n\n\n