Chateau
  • OVERVIEW
  • How chUSD works
    • schUSD
    • Fund Partner: Covenant VC
    • Where's the yield coming from?
    • Custodians
    • ⚠️ Risks & Disclosures
  • Roles
    • chUSD and schUSD roles
    • Chateau
    • Managers
    • Ambassadors
  • PROTOCOL MECHANICS
    • chUSD and schUSD minting mechanisms
    • Issuance
    • Redemption
  • LEGAL
    • Manager and Issuer Responsibilities
    • Terms of Use
    • Privacy Policy
  • Smart Contracts
    • Audits
  • Private Credit Overview
    • What is private credit?
    • Sub-Markets
  • PreIPO Late Stage Venture Overview
    • πŸš€ What Is Late-Stage Venture / Pre-IPO Investing?
  • FAQ
  • What is an approval transaction?
  • Troubleshooting
    • Contact Us
Powered by GitBook
On this page

Was this helpful?

What is an approval transaction?

The first time you stake or unstake to invest/redeem, you have to approve the token to be swapped. This gives the Chateau Protocol permission to swap that token from your wallet.

What is an approval transaction?

The approval transaction allows the Chateau Protocol permission to swap the token you granted approval for from your wallet. You have to complete an approval transaction for every token you want to swap using the Chateau Protocol.

PreviousπŸš€ What Is Late-Stage Venture / Pre-IPO Investing?NextContact Us

Last updated 1 month ago

Was this helpful?