Set a transaction policy

Transaction policy overview

Transaction policies are limits that you set that dictate exactly how, when, and where your funds move. For example, you can set the following:

• Address whitelists: specify addresses that may receive transactions from each Waymont Vault.

• Daily limits/transaction limits: set maximum limits for daily transactions or types of transfers, etc.

• IP address restrictions: permit transactions only if initiated from certain IP addresses.

• Time of day restrictions: limit the times of day during which transactions can be made.

• And much more, limited only by your imagination.

Transaction policies have a preset time-lock to change, and any new transaction policy or security update must be approved via your biometrics.

Setting a transaction policy

To set a transaction policy, enter into a vault’s setting page and set limits like whitelists, daily limits, IP-address restrictions, etc.

By default, each vault is enabled with address whitelists and daily limits.

Address whitelists

Select which addresses your Waymont Vault can interact with. The Waymont Policy Guardian will reject anything outside of the addresses specified.

Daily limits

Set a US-dollar denominated amount for how much your Vault may transact in a 24 hour period. This token amount is calculated by fetching the pricing pricing data from the Zerion API. Currently, daily limits do not account for DeFi positions.

Once the daily limit is reached, the Waymont Policy Guardian rejects all additional transactions.

Making any update to your transaction policies requires biometric approval in addition to a 48-hour waiting period to take effect.

Waymont Concierge is also readily available to help you add other policies like (ie. IP address restrictions) to meet your needs.