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TRANSFER_ACCOUNT_GUIDE.md

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TRANSFER ACCOUNT GUIDE

A user got their wallet pwned and you need to move them to a new mrgn account? Read on.

Before you begin:

  • You must be an admin of the group where the user account is based. If this is a mrgn-owned group, that's probably the multisig (AZtUUe9GvTFq9kfseu9jxTioSgdSfjgmZfGQBmhVpTj1). If this is arena, that's the pool owner/creator.
  • If you have admin, consider freezing the account with SetAccountFlag (passing DISABLED_FLAG) to prevent the attacker from doing anything.

You will need:

  • Contact with the affected user (they must sign to conclude the process)
  • Access to the mrgn CLI (clients/rust/marginfi-cli)
  • Rust 1.75.0 (as of December 2024)
  • Access to either the front end (at /migrate/account) or a TS scripting environment where you can run a simple TS script. If using the latter, we'll assume the affected wallet is located at /keys/affected_wallet.json
  • (Optional) A wallet with sol at a location you know. We'll assume it's at /keys/some_wallet.json. You'll need this for most CLI interactions but not in this particular use case.

Steps:

  • Open terminal at clients/rust/marginfi-cli
  • Create a profile:
cargo run profile create \
--name mainnet-group-ms \
--cluster mainnet \
--rpc-url https://api.mainnet-beta.solana.com \
--group 4qp6Fx6tnZkY5Wropq9wUYgtFxXKwE6viZxFHg3rdAG8 \
--program-id MFv2hWf31Z9kbCa1snEPYctwafyhdvnV7FZnsebVacA \
--multisig AZtUUe9GvTFq9kfseu9jxTioSgdSfjgmZfGQBmhVpTj1 \
--keypair-path ~/keys/some_wallet.json \
--fee-payer ~/keys/some_wallet.json

Feel free to use a custom rpc instead if you have one. Omit the last two lines if you don't have a local wallet with SOL.

  • cargo run profile set mainnet-group-ms to use this profile, cargo run profile show to confirm your settings.
  • Run this ix to generate a tx to set the migration flag:
cargo run account set-flag THE_COMPROMISED_ACCOUNT \
  --account-migration-enabled
  • confirm the profile name when prompted to proceed
  • Copy the tx contents (everything between the --------) from the CLI output. Open Squads and go to Developers > TX Builder> Import base28 encoded tx. Paste what you copied.
  • Type a description for the tx and hit Initiate Transaction. Wait for votes and execute.

Steps for User:

  • After admin completes the above, navigate to the migration page (or script) to sign the finalized migration ix.