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protocol/docs/basics/allowances.md
2021-05-20 10:57:31 -07:00

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---
title: Allowances
---
Both maker and taker allowance should be be set directly on the
[Exchange Proxy contract](./addresses.html#exchange-v4).
For takers, legacy allowances set on the [Allowance
Target](./addresses.html#exchange-v4) will continue to work during this
transition period but will suffer a gas penalty. It\'s highly encouraged
to migrate allowances over to the Exchange Proxy as soon as possible to
avoid interruption.