Revoke Token Approval

You can revoke the token approval for a selected token in a specified DeFi protocol.

Note that only the admins and operators of the organization can revoke a token approval. A multisig transaction from Safe owner(s) will be required.

Step 1: Click on "Cobo Safe" on the left menu.

Step 2: Select a Safe Wallet.

Step 3: Switch to the "Token Approval" tab and click on "Revoke".

Note that token approval is granted through the authorization feature on Cobo Argus V2. If you revoke a token approval, your authorization may fail because the selected token is no longer approved for use by the associated DeFi protocol.

Step 4: Confirm whether you would like to continue. If yes, click on "Continue".

Step 5: You will be prompted to connect your wallet extension first if you haven't already done so. Please make sure to select the correct network.

Step 6: If you have already connected your wallet extension, you will be prompted to sign a message.

Step 7: Head back to Cobo Argus V2. You will be prompted to complete a multisig transaction on Safe.

Step 8: Click on "Check the transaction" to check the progress of the transaction.

Step 9: The token approval will be successfully revoked once the multisig transaction from Safe owner(s) is completed.