// GLOSSARY -- AGENTIC FINANCE
What is Delegated Spending?
Delegated spending authorizes an AI agent to spend crypto on your behalf within constraints — amount, duration, recipients, and token types defined by the delegator.
WHY IT MATTERS
Delegation is organizational: CEO → departments → managers → employees. Delegated spending applies this to agents.
How to delegate authority without full control? Scoped tokens, session keys, and policy engines enforce boundaries.
Must handle revocation, limits, and accountability — exactly the problems spending controls solve.
HOW POLICYLAYER USES THIS
PolicyLayer enables safe delegation — define parameters and PolicyLayer enforces on every transaction.
FREQUENTLY ASKED QUESTIONS
Same as token allowances?
ERC-20 approve is one mechanism but limited to amounts. Delegated spending through PolicyLayer supports recipients, velocity, and more.
Agent-to-agent delegation?
Creates a chain. PolicyLayer tracks these ensuring total authority never exceeds original bounds.
How to revoke?
Instantly via PolicyLayer dashboard or API, immediately blocking all future transactions.