Creating strong policy rules is a vital step in maintaining control over your transaction outflows.
The owner and admin can set policies and rules, such as whitelisting addresses to prevent unauthorized transactions and setting spending limits for both the entire wallet and individual transactions.

The minimum approval feature allows the owner to set a minimum approval threshold, called a quorum, which must be met before any policy changes can be made.

For instance, if you choose a "2 of 3" configuration, it means that at least two admins must approve the policy change for it to take effect.

To configure the Minimum Approval:
1️⃣ Go to your settings
2️⃣ Navigate to the Policy Management section,
3️⃣ Click on "Edit"

Here, you'll find a list of available approvers, including both the owner and admins.
You can then select the desired approval configuration, specifying the minimum number of approvals needed from administrators to authorise policy changes.

? Important note: 
If you update the Minimum Approval configuration, any pending policy change requests will be automatically rejected.
This ensures that your policies remain consistent with your organisation's needs while maintaining high security and compliance. Only the owner can change this setting.

When the owner has set a minimum approval requirement greater than 1, another administrator will need to review and approve the policy, as per the configuration.

Here are the steps to approve the policy:

1️⃣ Admins need to log in to the system using your credentials.

2️⃣ Once logged in, navigate to your dashboard. Within the "Pending Actions" section, you should see the policy approval request that requires your action.

3️⃣ Locate the specific policy request and click on the "Approve" button. 

4️⃣ Follow the on-screen prompts and instructions to complete the approval process.

5️⃣ After successfully approving the policy, the system will update the policy's status accordingly, and the policy changes will be implemented as per the configuration.

By following these steps, you contribute to the approval process, ensuring that policies are reviewed and approved by the required number of administrators, as set by the owner. This collaborative approach enhances security and compliance within the policy management system.

At Liminal, we are committed to providing you with a seamless and user-centric staking experience.
If you have any questions or require assistance at any point in your journey, please do not hesitate to reach out to our dedicated support team here: support@lmnl.app
Your success is our priority.