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If you use SushiSwap recently you need to REVOKE to prevent losses due to an Approve-related Bug, here is how!

The incident was first spotted by Peck Shield, a blockchain security and data analytics company. An approval bug on a smart contract on the decentralized finance (DeFi) SushiSwap exploited to over $3 Million in losses in April 9.

And here is a nice totorial from LookOnChain to revoke the contract to prevent further and similar losses:

Make sure you didn’t approve these contracts and REVOKE as soon as possible. Always remember to take extra precautions with DeFi since they are all in experimental stages! It is very important to move funds out of the effected wallets plus you need to have separate wallets for investing, trading or airdropping nevertheless. 

SushiSwap Bug
SushiSwap Bug

According to DefiLlama pseudonymous developer 0xngmi:

However if you are impacted you need to REVOKE all contracts involved in the last 7-10 days and you can track the exploit on Dune!


Editor in Chief