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How To Revoke Smart Contract Approvals on ANY Network!
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The most important thing about managing your crypto portfolio is keeping it safe. Use some sort of form of a cold storage wallet and keep your smart contract approvals to 0 as often as possible. Using this practice will help eliminate chances of your crypto being stolen!
UPDATE: Just realized that the MM Extension didn't show up for setting the DAI limit around the 5 minute mark. Sorry about that, let me know if you have questions regarding that.
To edit approval limits at the point of the transactions do this:
1) Initiate approval TX
2) Edit Permission
3) Custom Spend Limit
4) Enter custom amount to set the approval for
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Blockbytes | @blockbytescom
Austin Rampt | @austin_bbytes
Clay Kilgo | @Crypto_Klay
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Referral links:
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00:00 Best Crypto Security Practices
4:48 How to Revoke Smart Contract Approvals (ANY NETWORK)
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All of blockbytes content is for entertainment purposes only and the opinions of the presenters and guests do not necessarily reflect the views of Blockbytes LLC. Nothing you see in any of the blockbytes content should be considered a solicitation to buy or sell any assets.
Any links of which Blockbytes receives a commission will be clearly marked as such. If you like the content that we produce and can use the products then please consider using our referral links above.
UPDATE: Just realized that the MM Extension didn't show up for setting the DAI limit around the 5 minute mark. Sorry about that, let me know if you have questions regarding that.
To edit approval limits at the point of the transactions do this:
1) Initiate approval TX
2) Edit Permission
3) Custom Spend Limit
4) Enter custom amount to set the approval for
-----
Blockbytes | @blockbytescom
Austin Rampt | @austin_bbytes
Clay Kilgo | @Crypto_Klay
----
----
Referral links:
---
00:00 Best Crypto Security Practices
4:48 How to Revoke Smart Contract Approvals (ANY NETWORK)
---
All of blockbytes content is for entertainment purposes only and the opinions of the presenters and guests do not necessarily reflect the views of Blockbytes LLC. Nothing you see in any of the blockbytes content should be considered a solicitation to buy or sell any assets.
Any links of which Blockbytes receives a commission will be clearly marked as such. If you like the content that we produce and can use the products then please consider using our referral links above.
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