🔓Security
Lore helps you launch shared wallets using the Safe Protocol, while equity is stored on Lore and possible for Group Admins to tweak.
Lore Groups are two things —
Web2 Groups with Members who have Equity ownership in the group's combined assets
Web3 Wallet(s) which are powered by Safe Protocol
Assets are stored on Safe Protocol
Safe is a Smart Wallet Protocol that stores over $100Bs in assets and over 9.8MM accounts.
Safe has been around since 2018, and has gone through countless audits and has experiences zero hacks.
Lore Group Members and Equity are managed by trusted Admins
Every Lore Group has atleast one Admin. While Lore tracks member equity and helps admins manage equity changing events like Deposits and Exits, Admins ultimately have ways to change member's equity using features like Transfer Equity and Change Equity.
It's vital that Groups trust their Admins as Groups are formed.
The Member List and Member Equity is stored by Lore
Vital member list information and equity stakes are stored by Lore in a secure database. Equity stakes can be downloaded in CSV format.
Group Level: Historical equity stakes at a group level across all members are available in Snapshots. Go to Portfolio and click View Snapshots
Member Level: Historical equity stakes at a member-level is available in Your Equity. Click Your Equity and View Equity Details.
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