Why can one wallet hold tens of thousands of tokens?
approve + transferFrom lets apps transfer tokens on your behalf within the authorized allowance. This is also the root of approval security issues.
Governance tokens for many DeFi protocols are ERC-20 tokens, such as Uniswap’s $UNI .
The most expensive thing in this space isn’t fees—it’s the tuition you pay for not understanding the rules.
Don’t put all your funds into a single project.
$ETH 1937.37（-5.26%）
approve + transferFrom lets apps transfer tokens on your behalf within the authorized allowance. This is also the root of approval security issues.
Governance tokens for many DeFi protocols are ERC-20 tokens, such as Uniswap’s $UNI .
The most expensive thing in this space isn’t fees—it’s the tuition you pay for not understanding the rules.
Don’t put all your funds into a single project.
$ETH 1937.37（-5.26%）
