Wallets

The Owner Wallet and Management Wallet are to be distinguished.

• Owner Wallet: The custody stack used to access the Management App. It serves as the gateway and identity check for Vault ownership.

• Management Wallet: The custody stack responsible for collecting funds and executing the strategy.

The Owner Wallet and Management Wallet may be the same, but they can also be separated, discretion of the Vault Owner.

Compatibility

Vault Owners are free to choose any wallet type for the Owner Wallet and the Management Wallet.

This includes, but is not limited to:

• Externally Owned Accounts (EOAs)

• Multi-Party Computation (MPC) wallets

• Smart Accounts

• Cold Wallets

Sub-wallets

Managers are free to use multiple Management Wallets to structure and execute their strategies.

Delegation and role-based access

The tokenized structure can be organized with role-based access:

• At the macro level, using the Enzyme Vault parameters

• At the micro level, leveraging the custody stack capabilities

For instance, users leveraging Safe as their Management Wallet can leverage Zodiac for role-based management and access.

Management Wallet independance

Management Wallets are not directly connected or integrated with the Vault. Vault Owners and Admins can withdraw funds from the Vault smart contract and transfer them to one or several wallets of their choice.