Saturn, multisig protocol by Invarch Network, is set to redefine the world of decentralized finance. Leveraging innovative no-code account abstraction techniques, Saturn provides a seamless experience across different blockchain networks.
In his presentation at Sub0, Gabriel Facco de Arruda, co-founder and CTO of Invarch Network, explained how with the help of the Saturn Gateway application, integrated with Polkadot’s Cross-Chain Message Passing (XCM) protocol, developers can easily build their own DAOs and multisig solutions.
Off-chain and On-chain Multisi
The CTO differentiated between the two main types of multisig solutions currently available. The first is off-chain multisig, where accounts are set up by combining private keys based on the private keys of its members.
While this method allows for an actual private key that can be used across any blockchain supporting this signature type, it has limitations. Changing members would require creating a new account.
The second approach is on-chain multisig, which is exemplified by projects like Gnosis Safe. While it offers dynamic multisig configurations with custom permissions, it usually operates only within a single network. Gabriel said that expanding this to manage assets across various blockchain networks requires a different solution, and that’s precisely what Saturn brings to the table.
Why Saturn
He went on to say that Saturn combines the strengths of both on-chain and off-chain multisig approaches while introducing cross-chain messaging protocols.
This unique combination allows Saturn to seamlessly transact across multiple blockchains within the Polkadot ecosystem.
At its core, Saturn relies on the Invarch Network and Polkadot’s XCM connections. In the future, Invarch plans to develop an MPC (Multi-Party Computation) protocol on top of its network, enabling off-chain signing and interactions with various networks using arbitrary data.
This will enable users to sign actual contracts or off-chain transactions with ease.
Additionally, the CTO said that the Saturn SDK, built in TypeScript, plays a pivotal role in the ecosystem. With just a few lines of code, developers can create and manage multisigs, modify members, and transact across different chains.
The SDK is designed to be versatile, allowing anyone to build higher-level applications or full suites of applications, such as the Saturn Gateway.
A closer look at Saturn Gateway
Describing how the Saturn Gateway functions, Gabriel said that the application provides a user-friendly interface for managing multisigs and assets across various blockchain networks.
Users can seamlessly view their balances, access transaction histories, and even bridge assets between networks.
Saturn Gateway also integrates wallet functionality, enabling users to interact with other applications within the Polkadot ecosystem.
He also revealed that one exciting feature on the horizon is the ability to use NFTs as multisig members.
Imagine a collection of NFTs on Moonbeam, where each NFT represents a member of a multisig or a potential voter in a DAO.
Saturn will facilitate the integration of NFTs into multisig governance, allowing for dynamic changes and more complex governance models.
The CTO said that Invarch Network’s Saturn protocol represents a significant leap forward in the world of multisig solutions.
By combining the best aspects of on-chain and off-chain multisig methods and harnessing the power of Polkadot’s XCM, Saturn offers a versatile and user-friendly experience for users and developers alike.
