diff --git a/README.md b/README.md
index bb330a7..b93d161 100644
--- a/README.md
+++ b/README.md
@@ -51,6 +51,7 @@ aborted.
 | [86-push-notif-v2](ideas/86-push-notif-v2.md)                       | :seedling: Draft          | :x: no                 | :x: no                 | :x: no                 | :x: no                            |
 | [76-smooth-ui](ideas/smooth-ui.md)                                  | :question: Limbo          | :white_check_mark: Yes | :x: No                 | :x: No                 | :white_check_mark: Yes :question: |
 | [71-low-traffic](ideas/71-low-traffic.md)                           | :question: Limbo          | :white_check_mark: Yes | :x: No                 | :x: No                 | :white_check_mark: Yes :question: |
+| [142-recovery-compatibility](ideas/142-recovery-compatibility)      | :seedling: In Progress    | :white_check_mark: Yes | :white_check_mark: Yes | :x: No                 | -                      |
 
 ## Completed :champagne: and aborted :dagger:
 
@@ -100,3 +101,4 @@ progress again. This ensures the registry is kept up to date.
 | @EugeOrtiz | 140 |
 | @Churik | 140 |
 | @arash009 | 120, 122, 140 |
+| @pilu         | 84, 94, 142, 146 |
diff --git a/ideas/142-recovery-compatibility/README.md b/ideas/142-recovery-compatibility/README.md
new file mode 100644
index 0000000..383c3cb
--- /dev/null
+++ b/ideas/142-recovery-compatibility/README.md
@@ -0,0 +1,81 @@
+## Preamble
+
+    Idea: #142
+    Title: Wallet Recovery Compatibility
+    Status: Draft
+    Created: 2018-04-04
+    Requires (*optional): #94 Wallet Compatibility
+    Replaces (*optional): <Idea number(s)>
+
+## Summary
+
+A user should be able to recover accounts created in MyCrypto, MetaMask, Toshi, Cipher Browser, and other
+mnemonic wallets, into Status.
+
+## Swarm Participants
+
+- Lead Contributor: @pilu
+- Testing & Evaluation: @antdanchenko
+- Testing & Evaluation: @asemiankevich
+- Contributor: @flexsurfer
+- Contributor: <!-- @username -->
+- PM: @chadyj
+- UX (if relevant): @jpbowen
+<!-- - Contributor: @username -->
+
+## Product Overview
+
+The wallets named above create the private key with the mnemonic words but without password.
+
+In those wallets, the password is only used to lock the account and encrypt the private key, and it's not needed to recover it.
+
+In Status, the same password is used to generate the account and to recover it,
+so a user cannot recover a wallet created with the 12 words but without password.
+
+To be compatible with those wallets, we should create and recover wallets without password,
+and use the passoword only to lock the account on the phone.
+
+### Product Description
+
+[need help from UX team]
+
+### Requirements & Dependencies
+<!-- Are there bugs or feature requests in other repositories that are part of this Idea? -->
+<!-- There is no approval unless the idea requires to be reviewed by supporting organelles (Financial, Hiring, or Design). -->
+<!-- The Swarm must develop a fully fleshed out Requirements document for the idea to proceed, to the satisfaction of participants. -->
+
+Requires Idea #94 (Wallet Compatibility)
+Impacts Idea #58-mainnet
+Impacts Idea #80-onboarding
+
+### Minimum Viable Product
+
+Goal Date: 2018-04-20
+
+Description: <!-- Description of Deliverables-->
+
+## Dates
+Goal Date: <!-- Date for evaluation in ISO 8601 (yyyy-mm-dd) format -->
+
+Description: <!-- Description of Deliverables-->
+
+Testing Days required: <!-- Days required at the end of development for testing -->
+
+## Success Metrics
+<!-- Assuming the idea ships, what would success look like? What are the most important metrics that you would move? -->
+
+<!-- Example: Onboarding conversion rate. Target >30% full funnel -->
+
+* 5k daily active users (OKR 2.1 of Q2)
+* 20% of users send a transaction (OKR 2.4 of Q2)
+
+## Exit criteria
+<!-- Launch new onboarding UI flow -->
+
+Accounts created with the mnemonic wallets named above can be recovered in Status.
+
+## Supporting Role Communication
+<!-- Once Requirements and Goals are fleshed out, then it should be communicated to supporting organelles if required -->
+
+## Copyright
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).