Today we released a major update to Gnosis Safe – Spending Limits!
The new Spending Limit feature allows users to set an amount under which transactions don’t need approval from all account owners. As a programmable account, Gnosis Safe enables users to define access rules for individual account owners to create fund allowances in a flexible, modular way.
We hope this new account standard solves the inherent access/control issues experienced by users of regular Ethereum accounts by facilitating easy, secure access, recovery and recurring payments.
• Blog post with details on using spending limits and anticipated use cases: Gnosis Safe Spending Limits
• Tutorial on setting spending limits in the Gnosis Safe Help Center
We welcome any feedback from the community on how we can continue to improve this feature, or additional ones we can add!
What are your thoughts?