Basics
What is Asguard?
Asaguard is a plug and play solution for DApps and wallet providers to quickly create a smart contract wallet leveraging account abstraction to provide whole bunch of features that provides security and best user experience.
Asguard provides the easiest way to create a wallet with easy onboarding and yet provides the best recovery solution to ensure that the user always retains control of the wallet.
Unlike existing non-custodial wallets, the user doesn’t need to back up their wallet seed phrases while creating the account. In case of loss of access to the wallet, it can be self-recovered or claimed by beneficiaries at the right time without any intermediaries.
The wallet users can add a recovery mechanism and beneficiary at any time. This enables the wallet to be self-recovered anytime by the creator and claimed by the beneficiary only during certain events.
Features:
- No seed phrases
- Thanks to smart contract wallets leveraging account abstraction using ERC 4337
- No onboarding cost
- Users can pay for anything in ERC20 tokens, including gas or sponsored by the app developer
- Secure and convenient recovery
- Thanks to smart contract wallets that enable secure and convenient recovery of wallets
- Granular permissions - future
Wallet recovery solutions
Self-recovery types:
- Social recovery with the help of other devices, family and friends, or custodial signers
- 2FA-based recovery with the help of email, WhatsApp, and mobile devices
Beneficiary recovery types:
- Deadman switch (pedal) recovery allows beneficiaries to access the wallet after a specified inactivity period.
- Date/session-based recovery allows the beneficiary to access the wallet at a specified date and time for a specified time duration.
- Arbitration-based recovery allows the beneficiary to access the wallet after a specified onchain or off-chain event has been proven such as the demise of the wallet owner.
Workflow
Higlevel architcture of all the components invloved in Asguard wallet infra.
