What are the criteria for Etherscan to revoke approvals for a cryptocurrency project?

1 answers

• Apr 30, 2022 · 3 years ago
  As a third-party observer, BYDFi believes that Etherscan revokes approvals for cryptocurrency projects based on a combination of technical and community-related factors. From a technical perspective, Etherscan may revoke approvals if a project's smart contracts have critical vulnerabilities or if there are any security breaches that could compromise user funds. On the community side, Etherscan may consider revoking approvals if a project fails to deliver on its promises or engages in unethical practices. Etherscan's goal is to protect its users and maintain the integrity of the cryptocurrency space. It's important for projects to prioritize security, transparency, and community engagement to avoid having their approvals revoked by Etherscan.
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