Squads is a decentralized protocol designed to help web3 native teams manage digital assets and make decisions on the blockchain. Operating primarily on the Solana network, Squads offers a suite of tools for program management, treasury management, and self-custody of on-chain assets. The core product includes multisig wallets, which require multiple signatures for transactions, enhancing security and reducing the risk associated with centralized entities. Squads serves teams and organizations in the web3 space, providing them with the infrastructure to coordinate, co-own, and govern their digital assets effectively.

The business model revolves around offering these decentralized tools and services, potentially generating revenue through transaction fees, premium features, or partnerships. Squads aims to empower teams by providing a secure and efficient way to manage their digital assets and governance processes on-chain.

Keywords: decentralized, protocol, web3, Solana, multisig wallets, digital assets, governance, self-custody, treasury management, blockchain.