Managed Account Factory

thirdweb's Managed Account Factory

All of thirdweb’s smart wallets are EIP-4337 smart contract wallets with role based permission control.

App developers can issue smart wallets to their users programmatically by deploying a smart wallet factory.

thirdweb’s smart wallets have the following features by default:

• Have multiple owners
• Execute transactions (single and batched).
• Send and receive native tokens.
• Send and receive ERC-721 and ERC-1155 NFTs.
• Multicall-able.
• Store contract metadata.

Managed smart wallets ( ManagedAccount , ManagedAccountFactory )

The ManagedAccount smart wallet is an upgradeable smart contract written in the dynamic contract pattern.

App developers can issue ManagedAccount smart wallets programmatically by deploying a ManagedAccountFactory smart contract.

The admin of the ManagedAccountFactory contract can push upgrades to all ManagedAccount that it creates. This admin does not require any permissions on the ManagedAccount smart wallets to do so. An upgrade to the features of ManagedAccount applies to all ManagedAccount smart wallets created by the factory. This is the right wallet for developers who anticipate pushing upgrades to their users’ wallets.

Example use case of push upgrades:

An app wants its user wallets to only be able to own NFTs within its ecosystem. This would be an upgrade to the smart wallet contract’s onERC721Received and onERC1155Received transfer hooks.

The app can enforce this behaviour by pushing this upgrade to its user wallets.

Resources

• Learn more about how account contracts work under the hood
• Learn more about thirdweb's smart wallets