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How can I allow token transfers by another wallet with limits?
I'm trying to figure out how to let another wallet transfer tokens on my behalf using Solidity but with some restrictions on the amount. How can I achieve this?
- Move CLI
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2In Solidity, you can use the approve and transferFrom functions to allow another wallet to transfer tokens on your behalf up to a certain limit. You would use approve to set the maximum amount that can be transferred and the other wallet would use transferFrom to execute the transfer.
Alternatively, consider using a multisig wallet which allows setting up multiple signers with specific weightages. This way, you can define the conditions under which tokens can be transferred, essentially setting up restrictions that fit your needs.
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