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Administrators can create as many vaults as needed for the organization. Vaults can be created from the iOS app or the web dashboard. If initiated from the web dashboard, biometric approval must be submitted via the iOS app.

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Vault policies

When creating a vault, you assign it a vault policy. A vault policy defines the users, permissions, and approval rules that govern operations within that vault. A single vault policy may be assigned to multiple vaults, so any future changes to the policy apply to all vaults using it. You can either use an existing vault policy (inheriting its users, permissions, and rules) or create a new vault policy specifically for the new vault.

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Quorums and sub-quorums

Operations within a vault follow the vault policy’s quorum and sub-quorum rules.
  • Quorum: A group of users with permission to initiate and approve operations (default, governance, staking, or withdrawal).
  • Sub-quorum: Additional approval layers ensuring operations cannot proceed without a set number of approvals from designated members. Policies may have as many sub-quorums as needed.
Default requirements:
  • Minimum of 3 members who can initiate and approve operations
  • Minimum of 2 approvers per rule
You can customize quorum and sub-quorum requirements per operation type: withdrawal, staking, and governance.
The number of members, approvers, and sub-quorums in each vault policy may be influenced by factors like the use case for each vault—frequent or infrequent withdrawals—and the amount of value in the vault. Requiring a larger quorum for higher values is a common approach.

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Creating a vault on iOS

1

Navigate to Create new vault

From the main screen, scroll down and tap Create new vault.
2

Enter vault details

Enter the vault name and description, select the account, then tap Continue.
3

Select a vault policy

Choose to use an existing vault policy or create a new vault policy.
  • Existing policy: Reuse the same rules for operation approval, users, and permissions configured for other vaults. Tap Continue to proceed.
  • New policy: Create an entirely new configuration specifically for this vault. Tap Continue to proceed.
4

Add users and set permissions (new policy only)

If creating a new vault policy:
  • Add vault policy users: Add a group of users with permission to initiate only, or to initiate and approve operations.
  • Set user permissions: Specify which users may initiate and approve operations and which should only initiate. A minimum of 3 users should be able to initiate and approve.
  • Set policy rules: Add rules to specify who should approve each operation type.
5

Configure quorum rules

Set the number of approvers for each operation type. Optionally adjust policies for specific types (withdrawal, staking, governance) and follow the prompts.
6

Add a comment and submit for approval

Add a comment (optional), review the operation details, and submit biometric approval. Administrators with vault management permissions will be notified to approve the vault creation. Anchorage Digital will then review and finalize the operation, making the vault visible.

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Creating a vault on the web dashboard

1

Start vault creation

On the dashboard, select Create new vault on the right side to begin.
2

Enter vault details

Enter the vault name and description, then select the account. Select Next.
3

Select a vault policy

Select an existing vault policy or create a new one, then select Next.
  • Existing policy: Any future changes to this policy will apply to this vault and any other vaults assigned to it.
  • New policy: Add at least 3 members who can initiate and approve operations, then select Next.
4

Define approval rules (new policy only)

Define the rules for approvals needed per operation type (minimum of 2 approvers per rule).
  • Set a base quorum and sub-quorums per policy rule.
  • Add rules to adjust approval requirements for specific operation types (withdrawal, governance, staking).
Name your new vault policy. Once approved, you can assign it to new or existing vaults.
5

Review and submit

Add a comment (optional), preview the changes, and select Finish and review. Then use the iOS app to submit the vault for approval.
Vault creation requires quorum approval from administrators with vault management permissions. The vault will only become visible after both quorum approval and Anchorage Digital review are complete.