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Understanding Trading Permissions

Your Renesis Stellar DEX Vaults vault is a powerful tool designed to securely hold your Stellar Asset Contract (SAC) tokens. While you can always trade manually, Renesis also offers advanced automated trading features which require you to grant explicit permission to the protocol.

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Manual vs. Automated Trading

It’s important to distinguish between the two primary ways of trading in your vault:

Manual Trading

You always have the ability to trade assets manually through the Swap interface. This action does not require any special permissions beyond signing the transaction yourself.

Automated Trading

This allows Renesis to execute trades based on predefined strategies. This advanced functionality requires you to grant explicit, on-chain trading permission.

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The Initial Permission Prompt

Immediately after the successful deployment of a new vault, the application will prompt you to grant trading permission. You have two options:
By approving, you enable all of Renesis’s automated trading capabilities for that vault right away. This is the recommended option if you plan to use automated strategies.
You can choose to skip this step. However, this will prevent Renesis from performing any automated trades on your behalf. The vault will be limited to manual swaps until permission is granted later.
Changed your mind? If you initially skip the permission step or wish to revoke access later, you can easily manage these settings from the Manage Vault interface.

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Security at the Smart Contract Level

On-Chain Enforcement: When you toggle the trading permission, the action sends a direct transaction call to your vault’s smart contract on the Stellar network.This means the permission is enforced at the smart contract level, providing the highest level of security. The Renesis protocol can only perform a trade if the logic within your on-chain vault explicitly allows it, ensuring you are always in command of your assets.