Avara, the parent company of decentralized finance (defi) platform Aave, has simplified its self-sufficient family wallet by replacing complicated seed phrases with emails and SMS, making wallet creation and recovering painless in an attempt to board multiple users.

Family allows users to manage assets across different Ethereum Virtual Machine (EVM) network using spases such as fingerprints or facial scans, tied to users’ device, Avara said in an E email statement. Avara has also launched a new webdashboard for the family wallet where users can manage their account, as well as send, receive and manage assets, the company says.

Digital assets holders are rightly fragile to leave their crypto on exchanges or in other people’s custody, especially after events such as the collapse of FTX. That said, self -insurance is putting on full responsibility for key management on the user, which can be scary for newcomers.

“For the past two years we have worked with family accounts, a new feature where users who download the family’s iOS application of the wallet can simply sign up for E -mail or a phone number,” Avara CEO Stani Kulechov said in an interview.

Avara has also released a Connectkit feature aimed at developers who want to integrate the family’s wallet, Kulechov added.

Other seeds on the market, such as Zengo, Argent and Coinbase Wallet, use techniques such as multi -party calculation, secure enclaves, smart contracts and biometrics to do the job.