# Update Token Approval

You can update the maximum amount of a specific token that a DeFi protocol is approved to access (i.e., allowance).&#x20;

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

Step 1: Click on "Cobo Safe" on the left menu.&#x20;

Step 2: Select a Safe Wallet.

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

<figure><img src="https://lh4.googleusercontent.com/I_N0TcLTUpTBkBYlmarjlLULloi9SRswQb6Hp95XCq1OfC0SETYVYBvzC4tyyFT_16aKSbR6vIv8s_VeoCYipNN2c2Js4gybqko5xHxuxNx3T_NedQdSyxURBLW0eS1vmrpF5hoLGBsZg3cVoTynwtk" alt=""><figcaption></figcaption></figure>

Note that token approval is granted through the authorization feature on Cobo Argus V2. If you update a token approval, your authorization may fail because the maximum amount of a specific token that the DeFi protocol is allowed to use will be modified.

Step 4: Confirm whether you would like to continue. If yes, click on "Continue".&#x20;

<figure><img src="https://lh6.googleusercontent.com/OfePE3lsf3ihbUkHTFgLAOp3TCy9UpuTOdw0SearRs1jalu6_YmfiYC2lt4b-8vctyMxonn4v6FEJM6SN1SAV0sjoD0wso-nqFVTrQAEo395XgIt1ObWCuVe9Y2NpZD4-xLujk3bKJV1KVh_g7zmfic" alt=""><figcaption></figcaption></figure>

Step 5: Modify the maximum amount of a specific token that the DeFi protocol is approved to use.&#x20;

* Unlimited: the Spender can manage an unlimited amount of a specific token&#x20;
* Customized: the Spender can manage a limited amount of a specific token

<figure><img src="https://lh4.googleusercontent.com/rgjKo8BFUcYVQLj_rNPAYj7brRwh1PKQEFfXK7RQMEsx-2tihfF_-tZKxL_Sm6g2b7NMDuqS33Okvh2uaygu6Op08wvCS-_npI3ggFvGKkxcYH2Cra8dXYiaWY0Enx9R3eprtmZDNLn2Rjxr6A8HHBU" alt=""><figcaption></figcaption></figure>

In the following example, the Spender is allowed to use up to 100,000 USDT.

Step 6: Click on "Submit".&#x20;

<figure><img src="https://lh6.googleusercontent.com/7yhTmfaan3SVR5b8-_cHeFjOzOCQjb5azswakBpMvqY9KoQ0OBZ8gs442IyBXmCCOpxdP0m0NbBhFegoY4r2stRBDN7aBbf7QMrTA-deMT3w7K0b7RpT_eNpfNCZoWPvGoQrwLkzTstoyyNuS14nZns" alt=""><figcaption></figcaption></figure>

Step 7: Sign a message in your connected wallet extension.

Step 8: Return to Cobo Argus V2. You will be prompted to complete a multisig transaction on Safe.&#x20;

<figure><img src="https://lh5.googleusercontent.com/1IDILbLK_qFTt8rJTp4wYJQr1NIo8Beq2XIXujYqg0idyMamHGVdPs4O2xEgxNq6Za3rBgQPc7sv8vJthj0sT7_oFuEl__Wg-w0KgGiPvTiocO1W5woy4Kx0gyDIktFXKJkMD9Tq8Bj_ZONh8xe71YQ" alt=""><figcaption></figcaption></figure>

Step 9: The token approval will be updated once the multisig transaction from Safe owner(s) is completed.&#x20;
