What is Token Allowance? Everything You Should Know
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Jan 29
If you’ve spent time in crypto, you came across token allowance. But do you really understand what it is? If not, don’t worry. In this post, we’ll explore what token allowance is and then show you how to set a custom token allowance with Zerion Wallet, revoke it, and more.What is token allowance?Before any Web3 app can use your tokens, you need to grant it your permission to spend them — this is commonly known as ‘token allowance’ and ‘token approval’. These terms come from standard functions...

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