Introduction
Your funds in the Liquidium multisig vault are always accessible, as long as you have your saved public key and personal wallet. The vault uses a 1-of-2 P2SH (Pay-to-Script-Hash) setup, allowing you to authorize transactions with just your private key. For everyday withdrawals, we recommend using the standard method in the Liquidium app: go to the Profile menu, click "Manage" in the Vault section, and select "Withdraw." However, in emergencies—such as when you can’t access the app—this Emergency Recovery Tool provides a reliable backup. It lets you connect a browser wallet and sweep all assets from the vault to an address you control.
The recovery tool’s code is fully open source for transparency and trust. Anyone with technical skills can also create a similar solution or script to spend from the vault using the user’s seed phrase and vault public key. This tool is designed as a last resort to ensure you’re never locked out of your funds.
Where to Access?
You can use the tool at the live site or fork the public github and run the app on your machine.
Screenshot of the Application
Using the Liquidium Recovery Tool
Follow these steps to sweep your funds from the vault in an emergency:
1. Connect Your Wallet
Open the recovery tool and connect your browser wallet. Ensure it’s the wallet tied to your private key for the vault.
2. Enter the Vault Public Key
Copy and paste your Vault Public Key into the provided field.
You should have saved this key when you created your vault.
Alternatively, you can retrieve it from your settings on Liquidium.
Note: A public key is safe to share—it cannot be used to spend funds without your private key.
3. Provide the Vault Address
Copy and paste the vault’s address into the tool.
Find this in the profile menu on Liquidium (under "Manage" in the Vault section).
Or, check your on-chain transaction history to locate the vault address.
4. Select the Network Fee Rate
Choose a fee rate for the transaction.
5. Click "Recover Funds"
Hit the Recover Funds button to initiate the process. The will create and broadcast a transaction that transfers all BTC from the vault to your connected wallet.
6. Done!
Once the transaction is broadcast, the funds (minus the network fee) will arrive in your wallet. The network fee is deducted from the BTC in the vault.
This emergency process ensures you retain full control over your assets when the standard in-app withdrawal isn’t available.