Extrafi XLend
  • Welcome to XLend 🎉
  • Borrow / Lend
    • Concepts
    • Overview
    • How to Use
    • FAQ
    • Liquidations
    • Price Feed
    • Interest Rate Strategy
    • E-Mode
    • Isolation Mode
    • Risks
    • Parameters
  • Multi-Account System
    • How it Works
    • How to Use
    • FAQ
  • Security
    • Audits & Security
    • Risk Management
    • Backstop Solution
  • Governance
    • Governance Process
    • Execution of Proposals
  • Developer Resource
  • Brand Assets
  • Terms of Use
  • Roadmap
  • Glossary
Powered by GitBook
On this page
  1. Multi-Account System

How it Works

PreviousMulti-Account SystemNextHow to Use

Last updated 5 months ago

Account Explanation

When you create a sub-account (smart account), it’s bound to your connected wallet (or EOA), with your wallet address set as the sole owner during account creation.

All actions for your sub-accounts must be signed with your connected wallet, ensuring you maintain full control over them.

Features

  • Sub-accounts: Enables flexible management of isolated positions.

  • Improved on-chain experience: Simplifies user operations through bundled transactions, reducing the need for continual signatures.

  • Automation:* Manages position health automatically, helping users avoid liquidation.

  • Intent-based actions:* Allows users to set up one-click strategies with predefined workflows.

  • More EIP-4337 features:* Supports gas-free transactions.

Reference:

https://github.com/coinbase/smart-wallet?tab=readme-ov-file#passkey-owners-and-ethereum-address-owners