Best Practices

How to Manage NFTs in Your Vault

Guardian Selection

1. Diversify Guardian Types:

   • Hardware wallets (Ledger, Trezor)

   • Trusted individuals

   • Institutional services

   • Multi-sig wallets

2. Geographic Distribution: Don't use guardians all in one location

3. Independent Parties: Avoid guardians who know each other well

4. Regular Communication: Ensure guardians are reachable

Operational Security

1. Regular Reviews:

   • Check guardian list monthly

   • Review pending requests regularly

   • Monitor vault activity

2. Threshold Management:

   • Use 2-of-3 or 3-of-5 configurations

   • Avoid single points of failure

   • Don't set thresholds too high (risk of lockout)

3. Asset Management:

   • Only whitelist assets you trust

   • Use emergency withdrawals for unknown tokens

   • Monitor for unexpected deposits

Wallet Security

1. Hardware Wallets: Use for vault ownership when possible

2. Secure Backup: Multiple copies of seed phrases

3. Regular Updates: Keep wallet software updated

4. Phishing Protection: Always verify URLs and contracts