The Uniglo Vault is a 2/4 to sign multi-sig protected safe where we will hold a majority of our digitized asset-backed NFTs, Digital Gold, Crypto Art etc. Multi-Sig Treasury - A Multi-Signature Authentication System, or Multi-Sig for short, is a signature process where any development execution needs the consent of multiple people. This prevents individuals from altering contract parameters without the consensus of a trusted board. This can also prevent back-door loophole attacks, by requiring more than 1 signer to execute transactions.
Uniglo has also implemented Multi-Signature Authentication (Multi-Sig) of the smart contracts within Gnosis Safe. Multi-sig customizes how Uniglo’s Vault assets are protected. Now, a predefined number of signatures is required to confirm the most important transactions. This helps prevent unauthorized access to the community’s holdings.
In the case of Uniglo's Asset Vault, it is protected with a 2/4 Multi-Sig procedure. This means that for every transaction or contract change, at least two core team members need to sign the transaction. The Vault will hold a majority of our digitized asset-backed NFTs, Digital Gold, Crypto Art, etc.