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Wallet Security & Recovery
Your registration is bound to the wallet that registered it. Chain Daddy cannot move a registration between wallets — the contract has no admin function for it. This is intentional:
- We cannot help you = we cannot be compelled to help anyone else
- No subjective dispute resolution = no wrong decisions
- Fully trustless = your keys, your registration
Under the hood: your registration is a soulbound (non-transferable) NFT. The only way ownership moves is through an announced deal.
Recommended: register from a Safe multisig
For important tokens, register from a Safe multisig wallet:
- Create a 2-of-3 or 3-of-5 Safe
- Use the Safe address when registering
- If one key is compromised or lost, the remaining signers keep access
You get built-in key recovery via signer rotation, no single point of failure, and industry-standard security.
If you're locked out
If you lose access to the wallet that holds your registration:
- Let the health score decay. A registration with no owner activity loses health over time.
- Reclaim the expired slot. Once the registration expires, anyone — including you, from a new wallet — can reclaim it through the standard flow (see pricing).
- You own it again, from the new wallet.
This is the intended recovery mechanism: activity decay reopens the slot for re-registration, so a lapsed registration can be recovered — while a squatter still can't hold a ticker without genuine on-chain activity.
Best practices
- Hardware wallets — use Ledger or Trezor for registrations you care about.
- Back up recovery phrases offline: safe deposit box, fireproof safe, or an encrypted backup with someone you trust.
- Separate hot/cold wallets — day-to-day transactions from a hot wallet; valuable registrations and large holdings in cold storage.
Emergency controls
The platform retains a pause() control for genuine emergencies (active exploits). Pausing stops all registrations and transfers and preserves state for investigation; unpausing requires multisig approval. Pause cannot transfer ownership or recover an individual registration.
Summary
| Scenario | What to do |
|---|---|
| Lost wallet access | Let health decay, then reclaim the expired slot from a new wallet |
| Compromised key | Move assets immediately; if the registration is taken over, reclaim after expiry |
| Want recovery built in | Register from a Safe multisig from the start |
| Ownership dispute | The chain decides — ownership is whoever holds the registered wallet |
The absence of admin recovery is a feature, not a limitation.