A foundational challenge in crypto is how to secure digital assets while also deploying them into DeFi safely. Salt is a treasury coordination platform that uses decentralised multi-party computation (dMPC) run on public, neutral infrastructure. This makes Salt open and free to set up.
With Salt using dMPC you can:
✔️ permissionlessly create multi-signature, policy controlled wallets
✔️ permissionlessly set up your organisation, team and customers
✔️ delegate trust-minimised control of your organisation’s wallets to your team / 3rd parties
✔️ earn yield using managed accounts
✔️ build back-ends to your fintech apps
Key material within Salt is managed and secured using the blockchain itself, making Salt wallets truly self custodial. We call this decentralised MPC (dMPC).
Fragments of a Salt account’s key material are distributed amongst the cosigning participants and stored locally by them. The key material stays with these participants, and all communication between them for key management tasks occurs through a web3 protocol.
No single cosigning participant has enough key material to form transactions without the agreement of others, and a web3 protocol manages the signing rounds to form a valid transaction – as opposed to centralised MPC server infrastructure.
Each account address on Salt is the same across all EVM chains. Your organisation can transact on any EVM chain using just one account address - no need for individual vaults or separate chain-specific accounts.
An organisation cryptographically owns each account address, even on EVM chains that don’t exist yet.
The ability to transact on every EVM is seamlessly available within each account.
Existing solutions are built on centralised infrastructure as walled gardens, requiring KYC, significant expense and counterparty risk. Salt provides public infrastructure that is resilient to censorship.
Automated risk management allows cosigners on the Salt accounts to deploy the capital as long as their activity adheres to the organisation’s risk policies, which are enforced automatically. Asset owners can confidently delegate partial control of their accounts to their team or a third party asset manager without sacrificing self-custody.