What is Squads Protocol?
Squads is a comprehensive crypto operations platform built specifically for Solana and SVM (Solana Virtual Machine). Think of it as the essential infrastructure that makes it easy for businesses, teams, and individuals to securely transact, manage, and own digital assets on Solana.
Why Squads Matters Now
The platform solves three critical problems in the Solana ecosystem:
User Experience - Transforming complex CLI interactions into intuitive, well-designed user flows
Security - Built on a smart contract wallet infrastructure layer that implements multi-signature logic
Transparency - Providing greater visibility for stakeholders through multisig approvals and human-readable data
What Makes Squads Special
Built on Solid Foundations - The protocol is open-source, immutable, and formally verified
Battle-tested Security - Triple-audited by Neodyme, OtterSec, and Bramah Systems
Proven Adoption - Already securing nearly $500 million in value
Impressive User Base - Used by top Solana projects including Marginfi, Drift, Helius, Kamino, and Pyth
The Team & Backing
Squads Labs is the company developing both the protocol and commercial products built on top of it. They've been working on the protocol since May 2021 and have secured impressive backing from:
Multicoin Capital
Jump Crypto
Coinbase Ventures
Delphi Ventures
Collab + Currency
Solana Ventures
How to Join the Squads Waitlist
Visit the official waitlist page: Go to https://squads.xyz/altitude
Enter your email address in the signup form
Submit the form to secure your spot on the waitlist
That's it! You're now positioned for potential early access or rewards when Squads makes their next big move.
Note: Make sure you're using a legitimate email that you check regularly, as important updates will be sent there.
Connect With Squads
Website: https://squads.so/
Documentation: https://docs.squads.so/squads-v3-docs/
Discord: https://discord.com/invite/tYpY9UfRFx
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FAQs
What exactly is a multisig wallet?
A multisig (multi-signature) wallet is a type of cryptocurrency wallet that requires multiple private keys to authorize a transaction. Think of it as a safe that needs multiple keys to open. This provides enhanced security by eliminating single points of failure.
How is Squads different from other multisig solutions?
Squads is specifically built for the Solana ecosystem with a focus on user experience. It combines treasury management, developer tools, and multisig functionality in one platform, making it uniquely positioned to serve teams building on Solana.
What can I do with Squads once I get access?
Teams can use Squads to secure their treasury assets (tokens and NFTs), manage program upgrades, handle validator operations, and execute complex transactions through their builder tool. It's particularly valuable for development teams working on Solana.
Is my information safe when I join the waitlist?
Yes, you're only required to provide an email address through the official Squads website. As with any signup, use good judgment and consider using an email address dedicated to crypto opportunities if privacy is a concern.
