MultiversX Tracker is Live!

Smart Contracts Behind The Scenes: Reverse Engineering The "Approve" Function

Etherum Reddit

More / Etherum Reddit 204 Views

Hey guys!

Today I am super excited to post this first video in a special series of videos that I am going to make. We are going to reverse engineer some smart contracts of PancakeSwap Platform in order to get a deep understanding of how the day-to-day functions that we use on the platform work on the backstage.

Here is the video:

https://www.youtube.com/watch?v=GfF8Y0LSxLw

I believe that understanding how DEFI apps work, is very important for several reasons:

  1. It involves real money and you want to know what going on there

  2. It's interesting

  3. You can get more DEFI education and avoid scam and fraud projects that way

  4. You can build your own DEFI app in the future ;)

In the first video in the series, we will analyze and reverse engineer the Approve function that exists everywhere in DEFI Dapps and PancakeSwap in particular.

We will understand today:

  1. What is the Approve function and how it works

  2. Why it's important

  3. How to revoke given access for smart contracts from spending your tokens.

Please let me know what you think about these kinds of videos and if it was helpful!

Thanks <3

submitted by /u/sheetsjohn16
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments