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Approve and reject transactions

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No transaction from an NFID Vault can be completed under any circumstance except in the exclusive event its members vote to approve them. That’s the power of NFID Vaults.

The number of approvals required for every transaction depends on which policy each transaction applies to. In the case below, the policy that’s triggered requires two approvals.

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Note: Some transactions can only be approved by Admins. The number of Admins required to approve administrative transaction is called the Admin Quorum Threshold. Read more about that here.