Search results for: approval

Search results for: approval

Token Approvals

What is an ERC-20 token approval?… How can an ERC-20 token approval compromise my wallet?… An ERC-20 token approval is a method of allowing a smart contract or another address to withdraw funds

Written by Caleb
Updated over a week ago

Why do I need to approve my tokens before a trade?

Everything you need to know about approvals and why they are critical for secure smart contract interactions… The approval aka "Give permission to swap XXX" is step 1 of 2 when completing a swap… Please note that an approval is needed for each different contract, including: Aggregation Protocol

Written by Natalia
Updated over a week ago

Permit - 712 signed token approvals - and how they work on 1inch

How 1inch makes swapping easy with the replacement of token approvals… ETH is required to pay gas costs while sending an additional transaction aka approval - a permission… transaction (for the cases when an approval wasn't granted previously) with signing of a piece of data

Written by Natalia
Updated over a week ago

How to stake tokens for governance in the 1inch iOS Wallet

***Please note: The staking process requires two separate transactions: Approval and Staking… The staking transaction may require up to 8x the gas costs of the approval, due to higher computational

Written by Matt
Updated over a week ago

Top 5 most common issues encountered in DeFi

Misunderstanding of the approval/unlock mechanism A large number of users don’t understand why they… This one-time approval transaction grants a smart contract access to a specific token in your wallet,… Approval Button (Step 1) Swap Button (Step 2) 4

Written by Matt
Updated over a week ago

How to exchange assets with 1inch Network

tokens, you will need a balance of network-native tokens in the wallet to cover gas fees for both the approval… ‘you receive’ field select the token you want to get; Click "Give permission to swap" This "approval

Written by Natalia
Updated over a week ago

How to stake 1INCH tokens and participate in 1inch Network’s Instant + DAO Governance models

***Please note: The staking process requires two separate transactions: Approval and Staking… The staking transaction may require up to 8x the gas costs of the approval, due to higher computational… tokens; enter the amount of tokens you want to stake in the field ‘amount’; then submit the approval

Written by Natalia
Updated over a week ago

What are 1inch P2P limit orders, and how do they work?

Once the approval transaction completes, enter the following information into the swap window:… Depending on the token being swapped, you might need to submit an approval transaction before filling

Written by Matt
Updated over a week ago

Why is my transaction pending for so long?

Double check to see if the transaction is an Approval

Written by Natalia
Updated over a week ago

What is 1inch derivative staking, and how does it work?

Before staking, you might need to give permission (approval) to stake the 1INCH tokens… Once permission / approval is granted, and the correct amounts are entered, click the "Scheduled stake… Before withdrawing, you will need to give permission to the 1inch contract: Once the approval is

Written by Matt
Updated over a week ago