diff --git a/nym-connect/Cargo.lock b/nym-connect/Cargo.lock
index 918cc02baf..cab899eacf 100644
--- a/nym-connect/Cargo.lock
+++ b/nym-connect/Cargo.lock
@@ -268,6 +268,18 @@ version = "1.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bef38d45163c2f1dde094a7dfd33ccf595c92905c8f8f4fdc18d06fb1037718a"
 
+[[package]]
+name = "bitvec"
+version = "1.0.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "1bc2832c24239b0141d5674bb9174f9d68a8b5b3f2753311927c172ca46f7e9c"
+dependencies = [
+ "funty",
+ "radium",
+ "tap",
+ "wyz",
+]
+
 [[package]]
 name = "blake2"
 version = "0.8.1"
@@ -334,11 +346,25 @@ dependencies = [
  "digest 0.9.0",
  "ff 0.10.1",
  "group 0.10.0",
- "pairing",
+ "pairing 0.20.0",
  "rand_core 0.6.4",
  "subtle 2.4.1",
 ]
 
+[[package]]
+name = "bls12_381"
+version = "0.6.0"
+source = "git+https://github.com/jstuczyn/bls12_381?branch=gt-serialisation#10fb6f700bfda17c8475af3bfd31e3fec15f2278"
+dependencies = [
+ "digest 0.9.0",
+ "ff 0.11.1",
+ "group 0.11.0",
+ "pairing 0.21.0",
+ "rand_core 0.6.4",
+ "subtle 2.4.1",
+ "zeroize",
+]
+
 [[package]]
 name = "brotli"
 version = "3.3.4"
@@ -599,6 +625,7 @@ name = "client-connections"
 version = "0.1.0"
 dependencies = [
  "futures",
+ "log",
 ]
 
 [[package]]
@@ -689,6 +716,8 @@ version = "0.1.0"
 dependencies = [
  "contracts-common",
  "cosmwasm-std",
+ "cw-utils",
+ "multisig-contract-common",
  "schemars",
  "serde",
 ]
@@ -942,11 +971,10 @@ dependencies = [
 name = "credentials"
 version = "0.1.0"
 dependencies = [
- "bls12_381",
+ "bls12_381 0.5.0",
  "coconut-interface",
  "crypto",
  "thiserror",
- "url",
  "validator-api-requests",
  "validator-client",
 ]
@@ -1136,9 +1164,9 @@ checksum = "b365fabc795046672053e29c954733ec3b05e4be654ab130fe8f1f94d7051f35"
 
 [[package]]
 name = "curve25519-dalek"
-version = "3.2.1"
+version = "3.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "90f9d052967f590a76e62eb387bd0bbb1b000182c3cefe5364db6b7211651bc0"
+checksum = "0b9fdf9972b2bd6af2d913799d9ebc165ea4d2e65878e329d9c6b372c4491b61"
 dependencies = [
  "byteorder",
  "digest 0.9.0",
@@ -1170,6 +1198,18 @@ dependencies = [
  "thiserror",
 ]
 
+[[package]]
+name = "cw2"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "04cf4639517490dd36b333bbd6c4fbd92e325fd0acf4683b41753bc5eb63bfc1"
+dependencies = [
+ "cosmwasm-std",
+ "cw-storage-plus",
+ "schemars",
+ "serde",
+]
+
 [[package]]
 name = "cw3"
 version = "0.13.4"
@@ -1182,6 +1222,22 @@ dependencies = [
  "serde",
 ]
 
+[[package]]
+name = "cw3-fixed-multisig"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "df54aa54c13f405ec4ab36b6217538bc957d439eee58f89312db05a79caf6706"
+dependencies = [
+ "cosmwasm-std",
+ "cw-storage-plus",
+ "cw-utils",
+ "cw2",
+ "cw3",
+ "schemars",
+ "serde",
+ "thiserror",
+]
+
 [[package]]
 name = "cw4"
 version = "0.13.4"
@@ -1337,6 +1393,27 @@ version = "0.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bd0c93bb4b0c6d9b77f4435b0ae98c24d17f1c45b2ff844c6151a07256ca923b"
 
+[[package]]
+name = "dkg"
+version = "0.1.0"
+dependencies = [
+ "bitvec",
+ "bls12_381 0.6.0",
+ "bs58",
+ "ff 0.11.1",
+ "group 0.11.0",
+ "lazy_static",
+ "pemstore",
+ "rand 0.8.5",
+ "rand_chacha 0.3.1",
+ "rand_core 0.6.4",
+ "serde",
+ "serde_derive",
+ "sha2 0.9.9",
+ "thiserror",
+ "zeroize",
+]
+
 [[package]]
 name = "doc-comment"
 version = "0.3.3"
@@ -1660,6 +1737,12 @@ version = "0.1.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a06f77d526c1a601b7c4cdd98f54b5eaabffc14d5f2f0296febdc7f357c6d3ba"
 
+[[package]]
+name = "funty"
+version = "2.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "e6d5a32815ae3f33302d95fdcb2ce17862f8c65363dcfd29360480ba1001fc9c"
+
 [[package]]
 name = "futf"
 version = "0.1.5"
@@ -2116,6 +2199,7 @@ version = "0.11.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bc5ac374b108929de78460075f3dc439fa66df9d8fc77e8f12caa5165fcf0c89"
 dependencies = [
+ "byteorder",
  "ff 0.11.1",
  "rand_core 0.6.4",
  "subtle 2.4.1",
@@ -3040,6 +3124,7 @@ dependencies = [
  "cosmwasm-std",
  "cw-utils",
  "cw3",
+ "cw3-fixed-multisig",
  "cw4",
  "schemars",
  "serde",
@@ -3292,6 +3377,7 @@ dependencies = [
  "serde",
  "snafu",
  "socks5-requests",
+ "tap",
  "task",
  "thiserror",
  "tokio",
@@ -3306,13 +3392,15 @@ dependencies = [
 name = "nymcoconut"
 version = "0.5.0"
 dependencies = [
- "bls12_381",
+ "bls12_381 0.6.0",
  "bs58",
  "digest 0.9.0",
- "ff 0.10.1",
+ "dkg",
+ "ff 0.11.1",
  "getrandom 0.2.7",
- "group 0.10.0",
+ "group 0.11.0",
  "itertools",
+ "pemstore",
  "rand 0.8.5",
  "serde",
  "serde_derive",
@@ -3570,6 +3658,15 @@ dependencies = [
  "group 0.10.0",
 ]
 
+[[package]]
+name = "pairing"
+version = "0.21.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "f2e415e349a3006dd7d9482cdab1c980a845bed1377777d768cb693a44540b42"
+dependencies = [
+ "group 0.11.0",
+]
+
 [[package]]
 name = "pango"
 version = "0.15.10"
@@ -4085,6 +4182,12 @@ dependencies = [
  "proc-macro2",
 ]
 
+[[package]]
+name = "radium"
+version = "0.7.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "dc33ff2d4973d518d823d61aa239014831e521c75da58e3df4840d3f47749d09"
+
 [[package]]
 name = "rand"
 version = "0.6.5"
@@ -6772,6 +6875,15 @@ dependencies = [
  "windows-implement",
 ]
 
+[[package]]
+name = "wyz"
+version = "0.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "05f360fc0b24296329c78fda852a1e9ae82de9cf7b27dae4b7f62f118f77b9ed"
+dependencies = [
+ "tap",
+]
+
 [[package]]
 name = "x11"
 version = "2.20.0"
@@ -6795,9 +6907,9 @@ dependencies = [
 
 [[package]]
 name = "x25519-dalek"
-version = "1.2.0"
+version = "1.1.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2392b6b94a576b4e2bf3c5b2757d63f10ada8020a2e4d08ac849ebcf6ea8e077"
+checksum = "5a0c105152107e3b96f6a00a65e86ce82d9b125230e1c4302940eca58ff71f4f"
 dependencies = [
  "curve25519-dalek",
  "rand_core 0.5.1",
@@ -6821,9 +6933,9 @@ checksum = "d2d7d3948613f75c98fd9328cfdcc45acc4d360655289d0a7d4ec931392200a3"
 
 [[package]]
 name = "zeroize"
-version = "1.3.0"
+version = "1.5.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4756f7db3f7b5574938c3eb1c117038b8e07f95ee6718c0efad4ac21508f1efd"
+checksum = "c394b5bd0c6f669e7275d9c20aa90ae064cb22e75a1cad54e1b34088034b149f"
 dependencies = [
  "zeroize_derive",
 ]
diff --git a/nym-wallet/Cargo.lock b/nym-wallet/Cargo.lock
index 895eab810c..999378447f 100644
--- a/nym-wallet/Cargo.lock
+++ b/nym-wallet/Cargo.lock
@@ -256,6 +256,18 @@ version = "1.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bef38d45163c2f1dde094a7dfd33ccf595c92905c8f8f4fdc18d06fb1037718a"
 
+[[package]]
+name = "bitvec"
+version = "1.0.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "1bc2832c24239b0141d5674bb9174f9d68a8b5b3f2753311927c172ca46f7e9c"
+dependencies = [
+ "funty",
+ "radium",
+ "tap",
+ "wyz",
+]
+
 [[package]]
 name = "blake2"
 version = "0.10.5"
@@ -319,16 +331,16 @@ checksum = "8d696c370c750c948ada61c69a0ee2cbbb9c50b1019ddb86d9317157a99c2cae"
 
 [[package]]
 name = "bls12_381"
-version = "0.5.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "54757888b09a69be70b5ec303e382a74227392086ba808cb01eeca29233a2397"
+version = "0.6.0"
+source = "git+https://github.com/jstuczyn/bls12_381?branch=gt-serialisation#10fb6f700bfda17c8475af3bfd31e3fec15f2278"
 dependencies = [
  "digest 0.9.0",
- "ff 0.10.1",
- "group 0.10.0",
+ "ff",
+ "group",
  "pairing",
  "rand_core 0.6.3",
  "subtle",
+ "zeroize",
 ]
 
 [[package]]
@@ -601,6 +613,8 @@ version = "0.1.0"
 dependencies = [
  "contracts-common",
  "cosmwasm-std",
+ "cw-utils",
+ "multisig-contract-common",
  "schemars",
  "serde",
 ]
@@ -965,9 +979,9 @@ dependencies = [
 
 [[package]]
 name = "cw-utils"
-version = "0.13.2"
+version = "0.13.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "babd2c090f39d07ce5bf2556962305e795daa048ce20a93709eb591476e4a29e"
+checksum = "9dbaecb78c8e8abfd6b4258c7f4fbeb5c49a5e45ee4d910d3240ee8e1d714e1b"
 dependencies = [
  "cosmwasm-std",
  "schemars",
@@ -976,10 +990,22 @@ dependencies = [
 ]
 
 [[package]]
-name = "cw3"
-version = "0.13.2"
+name = "cw2"
+version = "0.13.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f871854338a54c7bb094d16ffe17212b93b146d9659dbce4c9402a9b77e240ef"
+checksum = "04cf4639517490dd36b333bbd6c4fbd92e325fd0acf4683b41753bc5eb63bfc1"
+dependencies = [
+ "cosmwasm-std",
+ "cw-storage-plus",
+ "schemars",
+ "serde",
+]
+
+[[package]]
+name = "cw3"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "fe19462a7f644ba60c19d3443cb90d00c50d9b6b3b0a3a7fca93df8261af979b"
 dependencies = [
  "cosmwasm-std",
  "cw-utils",
@@ -988,10 +1014,26 @@ dependencies = [
 ]
 
 [[package]]
-name = "cw4"
-version = "0.13.2"
+name = "cw3-fixed-multisig"
+version = "0.13.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c4476d6a7c13c46ed9ff260bd0e1cf648dc37b13f483822e1ff2a431f0f6ee52"
+checksum = "df54aa54c13f405ec4ab36b6217538bc957d439eee58f89312db05a79caf6706"
+dependencies = [
+ "cosmwasm-std",
+ "cw-storage-plus",
+ "cw-utils",
+ "cw2",
+ "cw3",
+ "schemars",
+ "serde",
+ "thiserror",
+]
+
+[[package]]
+name = "cw4"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0acc3549d5ce11c6901b3a676f2e2628684722197054d97cd0101ea174ed5cbd"
 dependencies = [
  "cosmwasm-std",
  "cw-storage-plus",
@@ -1142,6 +1184,27 @@ version = "0.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bd0c93bb4b0c6d9b77f4435b0ae98c24d17f1c45b2ff844c6151a07256ca923b"
 
+[[package]]
+name = "dkg"
+version = "0.1.0"
+dependencies = [
+ "bitvec",
+ "bls12_381",
+ "bs58",
+ "ff",
+ "group",
+ "lazy_static",
+ "pemstore",
+ "rand 0.8.5",
+ "rand_chacha 0.3.1",
+ "rand_core 0.6.3",
+ "serde",
+ "serde_derive",
+ "sha2 0.9.9",
+ "thiserror",
+ "zeroize",
+]
+
 [[package]]
 name = "dotenv"
 version = "0.15.0"
@@ -1232,9 +1295,9 @@ dependencies = [
  "base16ct",
  "crypto-bigint",
  "der",
- "ff 0.11.0",
+ "ff",
  "generic-array 0.14.5",
- "group 0.11.0",
+ "group",
  "rand_core 0.6.3",
  "sec1",
  "subtle",
@@ -1345,16 +1408,6 @@ dependencies = [
  "log",
 ]
 
-[[package]]
-name = "ff"
-version = "0.10.1"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d0f40b2dcd8bc322217a5f6559ae5f9e9d1de202a2ecee2e9eafcbece7562a4f"
-dependencies = [
- "rand_core 0.6.3",
- "subtle",
-]
-
 [[package]]
 name = "ff"
 version = "0.11.0"
@@ -1452,6 +1505,12 @@ version = "0.1.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a06f77d526c1a601b7c4cdd98f54b5eaabffc14d5f2f0296febdc7f357c6d3ba"
 
+[[package]]
+name = "funty"
+version = "2.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "e6d5a32815ae3f33302d95fdcb2ce17862f8c65363dcfd29360480ba1001fc9c"
+
 [[package]]
 name = "futf"
 version = "0.1.5"
@@ -1843,25 +1902,14 @@ dependencies = [
  "system-deps 6.0.2",
 ]
 
-[[package]]
-name = "group"
-version = "0.10.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1c363a5301b8f153d80747126a04b3c82073b9fe3130571a9d170cacdeaf7912"
-dependencies = [
- "byteorder",
- "ff 0.10.1",
- "rand_core 0.6.3",
- "subtle",
-]
-
 [[package]]
 name = "group"
 version = "0.11.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "bc5ac374b108929de78460075f3dc439fa66df9d8fc77e8f12caa5165fcf0c89"
 dependencies = [
- "ff 0.11.0",
+ "byteorder",
+ "ff",
  "rand_core 0.6.3",
  "subtle",
 ]
@@ -2657,6 +2705,7 @@ dependencies = [
  "cosmwasm-std",
  "cw-utils",
  "cw3",
+ "cw3-fixed-multisig",
  "cw4",
  "schemars",
  "serde",
@@ -2944,10 +2993,12 @@ dependencies = [
  "bls12_381",
  "bs58",
  "digest 0.9.0",
- "ff 0.10.1",
+ "dkg",
+ "ff",
  "getrandom 0.2.5",
- "group 0.10.0",
+ "group",
  "itertools",
+ "pemstore",
  "rand 0.8.5",
  "serde",
  "serde_derive",
@@ -3063,11 +3114,11 @@ checksum = "8e22443d1643a904602595ba1cd8f7d896afe56d26712531c5ff73a15b2fbf64"
 
 [[package]]
 name = "pairing"
-version = "0.20.0"
+version = "0.21.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7de9d09263c9966e8196fe0380c9dbbc7ea114b5cf371ba29004bc1f9c6db7f3"
+checksum = "f2e415e349a3006dd7d9482cdab1c980a845bed1377777d768cb693a44540b42"
 dependencies = [
- "group 0.10.0",
+ "group",
 ]
 
 [[package]]
@@ -3219,6 +3270,24 @@ version = "0.7.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "c719dcf55f09a3a7e764c6649ab594c18a177e3599c467983cdf644bfc0a4088"
 
+[[package]]
+name = "pem"
+version = "0.8.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "fd56cbd21fea48d0c440b41cd69c589faacade08c992d9a54e471b79d0fd13eb"
+dependencies = [
+ "base64",
+ "once_cell",
+ "regex",
+]
+
+[[package]]
+name = "pemstore"
+version = "0.1.0"
+dependencies = [
+ "pem",
+]
+
 [[package]]
 name = "percent-encoding"
 version = "2.1.0"
@@ -3590,6 +3659,12 @@ dependencies = [
  "proc-macro2",
 ]
 
+[[package]]
+name = "radium"
+version = "0.7.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "dc33ff2d4973d518d823d61aa239014831e521c75da58e3df4840d3f47749d09"
+
 [[package]]
 name = "rand"
 version = "0.6.5"
@@ -4648,6 +4723,12 @@ dependencies = [
  "x11-dl",
 ]
 
+[[package]]
+name = "tap"
+version = "1.0.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "55937e1799185b12863d447f42597ed69d9928686b8d88a1df17376a097d8369"
+
 [[package]]
 name = "tar"
 version = "0.4.38"
@@ -5899,6 +5980,15 @@ dependencies = [
  "windows-implement",
 ]
 
+[[package]]
+name = "wyz"
+version = "0.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "05f360fc0b24296329c78fda852a1e9ae82de9cf7b27dae4b7f62f118f77b9ed"
+dependencies = [
+ "tap",
+]
+
 [[package]]
 name = "x11"
 version = "2.19.1"