If you are wondering how to revoke permission with MetaMask, this tutorial is for you. Today we will show you how to revoke permission. Let’s find out by reading the article below.
How To Revoke Permissions With MetaMask?
Many users lost their assets because they were unaware of backdoors placed in smart contracts by malicious developers. It often happens that such platforms ask users to allow an unlimited number of tokens.
Users generally don't have to worry too much about this when interacting with well-known defi platforms with audited smart contracts (such as Pancakeswap). However, users should be aware of the risks this poses to them for recently launched defi platforms that have not been audited or reviewed by RugDoc.
Once the platform grants unlimited permission to spend users’ tokens, malicious developers can control users’ tokens by creating backdoors in their smart contracts, even if users have already withdrawn their tokens from the platform. What often happens next is that malicious developers withdraw tokens from users' wallets into their own wallets, causing huge losses to users.
Now that it is clear why revoking permissions is an important step for investors to protect their assets, let's focus on how to revoke permissions. In this example we will use the defi dashboard DeBank
Step 1. Connect your wallet
The first thing you need to do is open debank.com and connect your MetaMask wallet.
Step 2. go to profile
Click Profiles in the left menu. A new page will load showing you all your assets and where they are deployed. By clicking "All Chains", DeBank will display all assets on all smart contract compatible blockchains.
Step 3. Revoke permissions
Click "Approve." A new page loads, showing you various information such as token exposure per blockchain and number of approved tokens per contract. On the right side of the contract there is a reject button. Clicking the Deny button revokes the permissions you have granted to the smart contract.
I hope this article will help you to learn how to revoke permission with MetaMask. You can use many other tools to revoke smart contract permissions: Unrekt, BSCscan, Beefy, Debank, Hyperjump UnRekt, Polygon Sweep.
