🚀 Token-Denominated Spend Limits in Policy Engine

Traditionally, spend limits in policy engines have been set in a base currency like the USD, but this approach falls short of accommodating the evolving needs of the industry. Brand new tokens sometimes lack reliable data oracles / APIs to track market value at launch. When the price feed for token value is less reliable, token-denominated spend limits provide foundations and institutional traders with a robust way to manage treasury operations.

To address these challenges, PrimeVault now supports token-denominated spend limits, offering greater flexibility for users managing diverse digital assets.

🎯 Why Token-Denominated Limits?
- Undefined USD Value: Many emerging tokens lack a market price in USD, complicating policy setup.
- Native Token Preferences: Users often prefer setting limits directly in token units for operational simplicity.
- Volatility Management: Tokens’ USD values fluctuate, causing inconsistencies in policy enforcement.

✨ Key Features
- Dual Options: Set spend limits in USD or token denominations.
- Support for New Tokens: Policies can be created for tokens without a defined USD value.
- Dynamic Updates: Adjust limits based on market fluctuations.

If this feature sounds interesting, shoot us a message or reach out at [[email protected]] - let's make your treasury operations smarter!

#DigitalAssets #TreasuryManagement #CryptoTreasury #PrimeVault