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Multi-Sig Daily Limit Configurer

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CategoryDeveloper Tools
PlatformAll
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About this app

WHAT IT DOES

Multi-Sig Daily Limit Configurer is a developer tool that lets you set, update, or remove daily spending limits for multisig wallets. Daily limits restrict how much can be spent from a multisig wallet per day, with token-specific caps and automatic reset timers. This tool reads the current daily limits and usage from the limit contract, then allows you to configure new limits for specific tokens, update existing limits, or remove them entirely. The tool provides a preview of the current limits, usage, reset timer, and estimated gas cost before you execute, enabling secure and transparent daily limit management. This is essential for DAOs and teams that need to control daily expenditure while maintaining operational flexibility.

HOW TO USE

Connect your EVM wallet via the BGWallet bridge. Enter the daily limit contract address and the multisig wallet address. Select the action — Set Daily Limits, Update Limits, or Remove Limits. For set or update actions, enter daily limits in the format "token:limit, token:limit" (e.g., "0x...:1000, 0x...:5000"). Click "Preview Limits" to see the limit contract, multisig address, action, token-specific limits with current usage, the reset timer, and estimated gas cost. Review the details carefully. Click "Set Limits" to sign and broadcast the transaction. The tool provides a transaction hash for tracking and confirms the limit update.

TECHNICAL MECHANISM

The tool reads the current daily limits and usage from the limit contract using view functions like `getDailyLimit(multisig, token)` and `getUsage(multisig, token)`. It calculates the reset timer based on the contract's configured reset period (typically 24 hours). When executing, the tool encodes a transaction to the limit contract's management functions — typically `setDailyLimit(multisig, token, limit)` or `removeDailyLimit(multisig, token)`. The tool uses the contract's ABI to encode the call and submits it via the connected wallet. The entire operation is atomic — if the limit update fails, the transaction reverts and the limits remain unchanged. The tool estimates gas using `estimateGas` and displays the estimated cost before execution.

WHAT IT CANNOT SEE

This tool cannot guarantee that the daily limit will be enforced by all dApps or that the usage tracking will remain accurate if the multisig implementation changes. Different multisig implementations have different daily limit enforcement mechanisms — some may not support daily limits at all, while others may use different tracking methods. The tool cannot predict upgrades to the limit contract or the multisig contract that may change the limit management interface. Additionally, the tool cannot verify that the dApps you use will respect the daily limits. Always test limits with the specific multisig implementation and dApps you intend to use. This tool is an aid for daily limit management, not a guarantee that the limits will be enforced.

PLEASE NOTE

EVM chains only. This tool relies on the BGWallet connector and will not function on Solana, Tron, Starknet, SUI, TON, Aptos, Bitcoin, Cosmos, or XRP. The user is responsible for ensuring the supplied limit contract address is correct and that the contract supports daily limit management functions. Not all multisig implementations support daily limits — check your protocol's documentation first. Token limits must be formatted as "token_address:limit" separated by commas — the tool validates this before execution.

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