I'm really starting to lose faith in the kind of self-soothing that says "Anyway, big protocols won't screw me over." The contract authorization for unlimited access, to put it simply, is like hanging your wallet keys at the door: convenient now, but the fastest way to get into trouble. Every time I interact and don't revoke permissions, I can't sleep peacefully—it's like leaving your phone unlocked. Usually it's fine, but if a phishing front-end or permissions get taken away, you won't even have time to react.



Recently, someone used ETF fund flows and U.S. stock market risk appetite to explain all the ups and downs. I just want to laugh when I see that: no matter how good the macro narrative is, it can't hide the fact that your authorization list is full of "unlimited" permissions. My own approach is pretty simple: revoke after use, keep frequently used permissions on a small, separate wallet, and use the main wallet as a piggy bank. It's a bit more trouble, but when it comes to exit strategies, these small actions are what matter.
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