![Alternatives_UX_Security_Slide.png](https://subsquare.infura-ipfs.io/ipfs/Qmb2FpvvAdgJouGNDe1JjYRecXMUquJ6cpCaTkyfMssqEM)

 

**Interstellar | 9 Milestones** → [[⟬ BREAKDOWN ⟭]](https://docs.google.com/spreadsheets/d/11sWKYRzh3ioeX_8d_Fg59LXCuOOcPq2WEclHLVKBOWI/edit?usp=sharing)

**Requested Allocation: 606,380 USDC - Distributed per Milestone via Multisig**

**3/5 Multisig -** Alain Brenzikofer (Polkadot Fellowship & Integritee CTO) | Bryan Chen (Polkadot Fellowship & Acala CTO) | Jonathan Dunne (Talisman CTO) | Trang Ha Nguyen (SubWallet Research Lead) | Eliot Leleu (Interstellar Co-Founder)

**AAG Intro** → [[⟬ WATCH ⟭]](https://www.youtube.com/live/eP4fFrdZKyg?si=CViJYFGGvnzZzi-R&t=3483) 
**Teaser Deck** → [[⟬ VIEW ⟭]](https://docs.google.com/presentation/d/1T6mnKZbgh1N54yQDDbUTXgEN_FbhK2L-yigZyTCLd4Y/present) 
**Forum Post** → [[⟬ READ ⟭]](https://forum.polkadot.network/t/interstellar-a-new-universal-layer-to-access-web3/6991) 
**Tech Links** → [[⟬ EXPLORE ⟭]](https://linktr.ee/0xinterstellar) 

**Early Access Partners** include:

- Acala
- Apillon
- Braille
- Hydration
- SubWallet
- Xcavate
- …

 

**Short Description:** For multiple years now, other ecosystems and platforms have been at the forefront of newcomer onboarding by allowing for Web2-like onboarding experiences. These concepts are mostly known as “Account Abstraction/Smart Accounts” today and have an [immense potential](https://x.com/ayyyeandy/status/1859945812446364148) for the adoption of Web3 services. Why? Because they make Web3 accessible — fundamentally enabling any non-blockchain-savvy person to participate and access this new world without the need to use seed phrases or know about private keys.

→ Some examples: [Magic](https://magic.link/) | [Web3Auth](https://web3auth.io/) | [Argent](https://www.argent.xyz/)

→ Other Smart Account Stats: [Safe](https://safe.global/dataroom)

 

While the **Polkadot Cloud** offers:

- Cloud Execution Services
- Settlement / Finality Services
- Data Availability Services
- Object Storage Services
- Polkadot Rollup Services

and the **Polkadot Hub** provides native features such as:

- Smart Contracts
- Staking
- Governance
- Treasury
- Stablecoins
- Token Registry

 

**Smart Accounts are nowhere to be found.** But maybe for [a good reason](https://x.com/joenrv/status/1857609397607813171):

Today’s smart accounts represent an immense security risk for any newcomer. Why? Because they rely on centralized architectures, centralized custody companies and centralized authentication services like your email/password provider, your social account, your Google/Apple passkeys, or SMS verifications.

 

**Interstellar aims to change that through a deep tech breakthrough and new common good smart account framework powered by Polkadot.**

→ No seed phrases. No emails. No passwords. No passkeys. Mobile-first. Instant onboarding. World-leading security. Decentralized authentications. One-tap backups. Drainer protection. Sybil-resistance. Gas abstraction. Spending limits. And more features that are:

 

- **Resilient**
- **Accessible**
- **User Friendly**
- **Non-Custodial**
- **Decentralized**
- **Scalable**
- **Affordable**

 

![Costs_Comparison_Slide.png](https://subsquare.infura-ipfs.io/ipfs/QmTuCwjHztE1UDgHs3pSDsXMSoQUg4xDAPGdsZBP9bXbh3)

 

We think that Polkadot’s vision shouldn’t be limited to catching up with centralized smart wallet features, offered by other ecosystems. Instead, we should focus on innovating and providing an improved alternative for Polkadot services and beyond. Unlocking the next generation of smart accounts - powered by Polkadot.

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least
`amount` of `asset_kind` in the native asset. The amount of `asset_kind` is converted
for assertion using the [`Config::BalanceConverter`].

## Details

Create an approved spend for transferring a specific `amount` of `asset_kind` to a
designated beneficiary. The spend must be claimed using the `payout` dispatchable within
the [`Config::PayoutPeriod`].

### Parameters
- `asset_kind`: An indicator of the specific asset class to be spent.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The beneficiary of the spend.
- `valid_from`: The block number from which the spend can be claimed. It can refer to
  the past if the resulting spend has not yet expired according to the
  [`Config::PayoutPeriod`]. If `None`, the spend can be claimed immediately after
  approval.

## Events

Emits [`Event::AssetSpendApproved`] if successful.

- **Problem Statement & Audience:** Lack of user-friendly smart accounts in the Polkadot ecosystem, targeting newcomers seeking easy access to Web3 services.
- **Significance:** Current smart accounts pose security risks due to centralized elements like email/password providers, hindering adoption.
- **Proposed Solution:** Introducing Interstellar, a Polkadot-powered smart account framework with enhanced security features and user-friendly onboarding.
- **Expected Outcomes & Value proposition:** Resilient, accessible, user-friendly, non-custodial, decentralized, scalable, and affordable smart accounts to revolutionize Web3 accessibility on Polkadot.

#1371 Next-Gen Smart Account Features – powered by Polkadot

No Active Proposals