Wallets & Security | It was just a signature, and no Gas was spent—so how can I still lose tokens?
This kind of signature is not an on-chain transaction, so signing it costs no Gas. But the party that obtains the signature can submit it on-chain to activate the authorization.
Once a permit signature is submitted on-chain, it works just like a regular approval (approve): the authorized party can transfer tokens up to the approved limit.
While you're at it, take a look: $ETH is quoted at 2545.57 (24h +1.43%).
Don't click links from unknown sources, and read the details carefully before signing.
Be aware of the risks and make your own decisions.
This kind of signature is not an on-chain transaction, so signing it costs no Gas. But the party that obtains the signature can submit it on-chain to activate the authorization.
Once a permit signature is submitted on-chain, it works just like a regular approval (approve): the authorized party can transfer tokens up to the approved limit.
While you're at it, take a look: $ETH is quoted at 2545.57 (24h +1.43%).
Don't click links from unknown sources, and read the details carefully before signing.
Be aware of the risks and make your own decisions.