Published on Jun 14, 2022
Infinite Approval
Author: Rubin
#Glossary
Infinite approval refers to smart contract malpractice that allows the platform to spend any desired amount of coin from your account. With the infinite approval smart contract, the given platform can access an unlimited number of tokens instead of the specified amount required for the transaction. According to research, this is a fairly common practice by decentralized applications to keep infinite or large approvals.
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