Recently I went through a bunch of my old wallets again and found that several contracts still have "unlimited" permissions authorized, basically like leaving the door key in the lock and turning it... Usually you don’t think about it, but when something actually happens, you can only watch in frustration. I now treat revoking permissions like brushing my teeth before bed: I can live without doing it, but eventually it will cause problems.



Especially now that everyone is comparing RWA, US bond yields, and various on-chain "yield products," I feel even more nervous: the returns look like deposits, but the permissions often resemble giving your paycheck card to a stranger for safekeeping. Anyway, I always revoke permissions after interactions, lazy to click a few times, and in the end, I pay a higher price to learn the lesson. For now, I’ll do that first—go clear a few more addresses.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin