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thedefimetro
@thedefimetro
Spare a few minutes to read this. 🫵🏻📚 ☆ Token Approval Exploit. 🛡⚔️ In about 15 hours ago, LiFi Protocol raised an emergency alert regarding suspicious transactions leading to the exploit of over $8M worth of crypto across LiFi powered applications. Reaping innocent users 📴 their hard earned…
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thedefimetro
@thedefimetro
2/2 📖 Take this pro tips: 1. Avoid setting your approval to unlimited when trading/interacting with any DApp. check for the amount of tokens you needed to trade or utilize at that point in time and type them manually. Explainer: 2 polygon MATIC needed for a transaction, Metamask asked you to set an approval…
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Sivakumar
@sivs
Good info valuable bro
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sb
@secretblade
Thanks mate...nice recapulation of what I have learnt all these years
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Bunmi Ibinuhi
@bunmio
Wow. Really educative. Thanks
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Owo-tech✨🎩🙈🍄🍖🎭 pfp
Owo-tech✨🎩🙈🍄🍖🎭
@owo-tech3463
Ok thanks for the info
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VieryLovega
@viery
Clean Wallet 🥳
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Katie V Orhan
@katievorhan
Thank you for this extensive information. 👍🏻
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Divinegift
@bossdg
This is helpful.. thanks
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Harbiegael🎩🔮🦄🍖
@harbiegael
This is so helpful, thank you so much.
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Kapil Chanda
@kapc
Thanks for sharing
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AT79wⓂ️🎩🎭🍔-'
@at79w
Ty for the nice info 🟣
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Hally Ally
@hallyshoma
Thanks for the thread
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Arphaxad
@arphaxad
Good post
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El Gran Santo
@notidivad
GM, Metro. I can't emphasize how much i have written about Web3 security on here, i still think it's overlooked both by projects and users. Lost my first lens profile wallet to a hack. More than $300M lost to hacks in the H1 this year. I hope projects and users begin to value Web3 security more.
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Buffalo666
@buffalo666
1 - sometimes it made to make algorytm easier OR if сount is not constant. Example. You want to Swap some Token0 For Exact Token1. System that uses this way usually sets allowance to "max" to prevent Token1 count change, when price of one of them will change. It could be "price Following" but it will need much m…
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Steambun
@steambun25
gg
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Sleekyking
@babasleeky
Nice work
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Ayush Bhandari
@ayushbhandari33
Very helpful
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nikee
@nikee1
Woww
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