How to Initiate MPC Transaction?

Created by Muskan Bhandari, Modified on Tue, 26 Dec, 2023 at 5:13 PM by Muskan Bhandari

Executing a transaction within a wallet demands a secure approach, especially when utilizing Liminal Vault's MPC wallet.
This guide aims to enlighten you about the procedure, guaranteeing a seamless and safe transaction experience.

Step-by-Step Guide to make your first transaction:

1: Request a New Transaction:

Navigate to the Vaults UI and select the MPC wallet you wish to initiate the transaction from.
Click on "Send" and follow the on-screen instructions. Complete the 2FA to start the transaction.

2: Quorum of Approval:

Transactions go through a Quorum of Approval, necessitating multiple approvers per wallet configuration for the transaction to proceed.
Notifications for pending transactions are sent to both the Vaults UI and the linked mobile app.

3: Transaction Approval Process:

The signer team needs to use the mobile app to approve the transaction, complete the approval process and enable the transaction.

Congratulations! By following this guide, you have successfully initiated your first transaction within the Liminal Vault platform.

For more advanced security setups like multi-sig wallets, link hardware devices like Ledger or Trezor to your account. Refer to our device setup and multi-sig guide for further details and enhanced security.

Thank you for choosing Liminal Vaults for your digital asset transactions. ?️✨

At Liminal, we are committed to providing you with a seamless and user-centric staking experience.
If you have any questions or require assistance, please do not hesitate to reach out to our dedicated support team here: support@lmnl.app
Your success is our priority.