🔥 Learn How to Hack Smart Contracts 🔥
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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 to get a deep understanding of how the day-to-day functions that we use on the platform work backstage.
I believe that understanding how DEFI apps (Like PancakeSwap) 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:
1. What is the Approve function and how it work
2. Why it's important
3. How to revoke given access to smart contracts from spending your tokens.
In the series, we will explore and analyze the PancakeSwap smart contracts, but I want to clarify that these functions are common with most of the known smart contracts on other dApps and even other blockchains (For example It's the same functions on Uniswap, SushiSwap, SpookySwap, etc..)
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Useful Links:
BSCScan:
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UnRekt:
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Previous Useful Videos:
PancakeSwap Guide:
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How To Swap Tokens Using PancakeSwap:
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Timestamps:
00:00 Intro
02:20 The "Allow" Function
03:20 Editing The Amount Of Allowance
05:00 Analyzing The Transaction
10:40 Analyzing The Cake Token's Smart Contract
12:50 The "Approve" Function In The Smart Contact
15:45 Revoking Spending Access
19:10 Outro
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Communities & Social Media:
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⚠️⚠️⚠️ #PancakeSwap #Allow #Approve #Reversing #Crypto #DEFI #Markets ⚠️⚠️⚠️
The content in any of Johnny's Youtube videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information.
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
I am just sharing my knowledge and my findings.
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Music By Yoad Ronen:
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Until next time,
Johnny Time
