Revoke Token
Learn how to revoke a token allowance easily.
Last updated
Learn how to revoke a token allowance easily.
Last updated
After you've sold a token, if you don't want to trade it again soon, it may be prudent to revoke the allowance you've given to different routers. The dashboard's revoke function lets you remove allowance from the routers to which you've given them.
To revoke a token, simply click on the Revoke Token button on the manager dashboard. The bot will ask you to enter several inputs: the contract address of the token to revoke, and the router to revoke approval from. As a reminder, the router is the DEX through which you are selling the token (i.e. Uniswap, Pancakeswap, Sushiswap).
When you revoke the allowance of a router on one of your token, the router won't be able to transfer them. Revoking an allowance is basically giving an allowance of 0 tokens to the router.
Once you've confirmed the inputs, the bot will simulate the transaction and send you back the various information. You can check the sending address, the spender address (router) and the estimated gas fees you'll pay. This gives you a complete visibility over the execution of the revoke and the price you will pay.
If you're satisfied with the simulation, click on the Confirm button . Once confirmed, the bot will return the executed revoke information and transaction hash.
