📃 What are Policies?

Policies guard Accounts and are a vital risk management tool for Organisations.

At their core, Policies are the rules that each transaction needs to adhere to, in order to be signed and broadcast to the chain.

Owners set the Policies that set business rules for how all signers can transact on Accounts.

How do Policies Work?

Every asset transfer out of Salt is reviewed against every Policy on an Account before it can be broadcast to the chain.

If the draft transaction does not pass all policy checks, the Robo Guardians will not co-sign the transaction.

Policies allow for granular control. They can be configured per Account, and per chain in the Account. Co-signers can only transact within the limits set in the Policies. For example, on a given Account, a transfer limit can apply to ETH transactions on the Ethereum network and not MATIC on Polygon.

Policies apply:

• to individual Salt accounts
• at a network level (Ethereum, Polygon, Moonbeam, etc)
• to individual assets
• to individual cosigners (currently limited, more capabilities coming soon)

Setting Up Policies

Setting up, editing and deleting policies is only available only to Owners.

Policy Templates (PT) are provided within Salt. Each policy template can be structured to meet the requirements for each Account and chain.

1. Access the PTs by visiting the Policies area on the left-side menu, or from within a specific Account’s view.
   1. If you start from the Policies area, choose which Account and native chain that you want to create a Policy for.
   2. If you start from a specific Account, you’ll only need to choose which native chain you want to create a Policy for.
2. Choose a policy template (PT) and customise it to your Organisation’s requirements.