Securing your digital assets it’s not a job for only the exchanges alone either centralize of decentralized, has platform which we permit to access our funds either on web extension wallet or our mobile wallet matters. With the recent findings about the DeFi exchange Sushi swap which the latest exploits was reported to be due to a smart contract bug that has led to the theft of $3.3 million worth of Ethereum from a traders wallet.
In response to this discovery the team has set out steps which traders/users can use in revoking any permissions which ain’t authenticated. Since I have been in the Defi space Revoke has been a tool that has been of great use to me in achieving this feat. Well the Chief technical officer in a tweet has assured the users that the platform is bug free and they will try their best in recovering the funds.
There is no risk at this time with using Sushi Protocol, and the UI. All exposure to RouterProcessor2 has been removed from the front end, and all LPing / current swap activity is safe to do. We do ask that all users double-check their approvals, and if an address within this list below has an allowance for any of your tokens to please unapprove as soon as you can.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura