Few safety tips.

After seeing recent hack posts I thought it would be good to remind ourselves some extra steps you can take to better safeguard your funds. For those using MetaMask.

1. Always keep your large chunk of funds in a multisig hardware wallet, never connect it to any DEX or interact with smart contract, your main wallet should be only for storing crypto and offline as much as possible.
2. For any other purpose just create junk wallet where you can do whatever the hell you want. Experiment with dexes, smart contracts etc. but even with this take some precautions.

​

• When interacting with a smart contract you've got an option to modify your token allowance, instead of unlimited spending you can set limited amount. Just click Edit permission.

https://preview.redd.it/k9w6nm0j9cna1.png?326&format=png&auto=webp&s=da47b4c26757933d11d49c5f64503fde0354d39c

and adjust approval limit.

​

https://preview.redd.it/8c9ddp9n9cna1.png?336&format=png&auto=webp&s=af98d157e7412710c8b40225b50ea3355dbdd41c

• Regularly disconnect any sites you're not using anymore. Just click Connected sites and disconnect everything you don't need.

​

https://preview.redd.it/j0lej4dw9cna1.png?431&format=png&auto=webp&s=cbb30299ff6241f6735cfb89351e81e0b00f45a4

• Check your token approvals regularly and revoke anything you don't need. https://etherscan.io/tokenapprovalchecker

Lastly, stay with reputable DEXes and avoid any shady sites promising you high APY's and get quick reach schemes. Stay safe .