CW1 Subkeys Contract

CW1 is a protocol for proxy contracts. It enables one central contract to secure assets or privileges, further disbursing rights to secondary contracts.

A typical scenario involves multiple addresses collaboratively leveraging an account. A primary address might deposit assets, subsequently assigning allowances to sub-accounts. These sub-accounts can:

• Execute transfers

• Initiate withdrawals

• Delegate and undelegate

• Execute redelegations

While sub-accounts operate within these allowances, an administrative entity maintains overarching control. This includes:

• Modifying allowance thresholds,

• Dictating permissible actions for addresses,

• Managing admin rights (only feasible if the contract is mutable).

CW1 contract has the ability to facilitate transactions of non-transferrable tokens, such as staked or voting.