Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks By Cointelegraph
Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks
Participating in the decentralized finance space often necessitates the need to grant projects certain permissions to spend tokens from one’s own wallet.
These permissions — called ERC-20 allowances — help to simplify the smart contract interaction processes that allow users to send funds to a contract while simultaneously calling a state change function.
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