📊 Wallet & Security | Token Approvals
· Definition: Many apps request unlimited approvals by default. These approvals remain active indefinitely until you revoke them.
· Why: An approval is like a letter of authorization allowing someone to withdraw funds from your account: the larger the amount and the longer it lasts, the greater the potential risk.
· What to do: Before signing, check the token, amount, and contract address. If anything is unclear, don’t sign.
$ETH 2425.48（-1.63%）
· Definition: Many apps request unlimited approvals by default. These approvals remain active indefinitely until you revoke them.
· Why: An approval is like a letter of authorization allowing someone to withdraw funds from your account: the larger the amount and the longer it lasts, the greater the potential risk.
· What to do: Before signing, check the token, amount, and contract address. If anything is unclear, don’t sign.
$ETH 2425.48（-1.63%）