DeFi DANGER!

Check YOUR Token Approvals or You Risk Losing Everything (Lesson of the Day).

Did you know that you often give unlimited permission to Smart Contracts to spend your tokens? This is called an "Approval" or Approve Spending Limit.

The Risk of a Malicious Contract:

The Problem: When you use a new DEX or a farming site, you authorize a contract to interact with your tokens. If this contract is malicious (or if it gets hacked), the attacker can empty your wallet without your future permission, because the authorization has already been granted.

How to Act? You must regularly revoke any unnecessary or unlimited permissions you have given to Smart Contracts over time.

The Essential Tool: Use revocation tools like Etherscan/BscScan Token Approvals or platforms like Revoke.cash. Connect your wallet and revoke any unnecessary permissions. It's your personal security audit!

Don't give a permanent key to a contract you no longer use! Revoke your permissions today.

#CryptoSecurity #DeFiRisk #SmartContract #RevokeCash #CryptoProtection