Approval Introduction

Approval process is a procedure in transactions, where the protocol asks the user for approval regarding the use of Wallet balances. The procedure runs when the user wants to transact via the LITEDEX protocol. And this procedure only runs during the first time when the user makes a transaction. In LITEDEX itself, this procedure has been implemented in every feature provided. Here's what the approval looks like:‌

1. Swap

(Before the Approval process)

(After the Approval procedure is done successfully)

2. Liquidity Pool‌

(Before the Approval process)

(Approval process in progress)

3. Staking‌

(The system will automatically Approve)

(After the Approval process is successful, the system will execute the staking transaction)

4. Yield Farming‌

(The system will automatically Approve)

(After the Approval process is successful, the system will execute the farming transaction)

All approval procedures are carried out through Smart Contracts, which means its in high security. Therefore, LITEDEX ensure that every transaction is really secure.