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[1/🧵] An easy step-by-step guide for utilizing a #Ledger hardware wallet to configure @BifrostWallet as an #autoclaim executor on the #Songbird (#SGB) network.
To learn more, keep on reading and complete the steps. (😅 Warning: paranoia ahead.) 🧵👇
To learn more, keep on reading and complete the steps. (😅 Warning: paranoia ahead.) 🧵👇
[2/20] — What is the primary goal? —
The basic purpose of an executor address is to claim rewards on your behalf in order to save time, max. compound interest, & reduce unwanted exposure of a cold wallet.
Executors will then use auto. claiming to route rewards to your acc. 👍
The basic purpose of an executor address is to claim rewards on your behalf in order to save time, max. compound interest, & reduce unwanted exposure of a cold wallet.
Executors will then use auto. claiming to route rewards to your acc. 👍
[3/20] — 1⃣ Is it safe to assign the task to an executor? —
The executor cannot claim to any address other than the one provided by the user, therefore automatic claiming is secure. 💪
. . .
The executor cannot claim to any address other than the one provided by the user, therefore automatic claiming is secure. 💪
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