# Enable Smart Accounts

**URL:** <https://forum.osmosis.zone/t/enable-smart-accounts/2834>\
**Category:** DApps / Tooling\
**Tags:** passed\
**Created:** [June 11, 2024, 9:57am UTC](https://forum.osmosis.zone/t/enable-smart-accounts/2834 "2024-06-11T09:57:16Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![JohnnyWyles](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/johnnywyles/32/3114_2.png) [@JohnnyWyles](https://forum.osmosis.zone/u/JohnnyWyles)\
**Post date:** [June 11, 2024, 9:57am UTC](https://forum.osmosis.zone/t/enable-smart-accounts/2834/1 "2024-06-11T09:57:16Z")

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This proposal enables the Smart Account functionality initially loaded to chain in the V25 Software Upgrade proposal.

## What are Smart Accounts?

Smart Accounts allow transactions to be approved by multiple authentication methods rather than having to sign every transaction using a private key.

The addition of this functionality changes how users interact with Osmosis to be a more familiar and responsive interface similar to two factor authentication login on a traditional centralized exchange.

Key features able to be developed using this are:

**1-click Trading**  
Users can sign a single transaction to approve transactions from a machine for a set period of time and trade smoothly within their session.

**Automation**  
Opt-in to stop orders that automatically place orders based on triggers.

**Multi-key and Multi-device support**  
Approve a key or device for trading on your account without needing to expose your private key.

**Improved Account setup and recovery**  
Instead of using a private key, widely used authentication technologies like Face ID, Touch ID, and Passkeys can be used to easily create, manage, and access your account.

**Account rate limits for delegated trading**  
Each access key can be set to have a maximum spend allowance over a rolling time period, making sharing access with applications safer.

For a full overview, check out the blog post [here](https://forum.osmosis.zone/t/smart-accounts-on-osmosis-redefining-ux-and-account-management-in-defi/2752).

## Security

This proposal comes after the completion of an external Smart Account module audit which found no major issues and the resolution of minor issues.

The Smart Account functionality includes a circuit breaker address as an additional security measure to disable the Smart Account service if any vulnerabilities are detected. This [address](https://daodao.zone/dao/osmo1wn58hxkv0869ua7qmz3gvek3sz773l89a778fjqvenl6anwuhgnq6ks7kl/home) is currently controlled by Osmosis contributors.

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**Author:** ![LeonoorsCryptoman](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/leonoorscryptoman/32/208_2.png) [@LeonoorsCryptoman](https://forum.osmosis.zone/u/LeonoorsCryptoman)\
**Post date:** [June 12, 2024, 6:53pm UTC](https://forum.osmosis.zone/t/enable-smart-accounts/2834/2 "2024-06-12T18:53:38Z")

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This sounds like a nice new feature.

Very interesting to see if this would be combined with some nice campaign to increase visibility in the crypto-universe, because that is what is holding us back mainly I guess.

An exchange thrives on loads and loads of users, with having this kind of tools it becomes necessary to work on brand recognition imo.

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**Author:** ![Govmos](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/govmos/32/123_2.png) [@Govmos](https://forum.osmosis.zone/u/Govmos)\
**Post date:** [June 19, 2024, 3:46pm UTC](https://forum.osmosis.zone/t/enable-smart-accounts/2834/3 "2024-06-19T15:46:05Z")

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We welcome this update and we will obviously cast a YES vote.  
[![pro-delegators-sign](https://us1.discourse-cdn.com/flex020/uploads/osmosis1/original/1X/3d138289b87945115dfe59a6604e139bf36aeb94.png)](https://wallet.keplr.app/chains/cosmos-hub?modal=validator&chain=cosmoshub-4&validator_address=cosmosvaloper18sqvyf4ss84qree7gndph5chmm82fglsqfylwn)