Press release
PRICE RELEASE EverRevoke, the web3 security and infrastructure platform EverRise has just released. EverRise has added EverRevoke as a new utility for reviewing and revoking tokens or NFT approvals. This can be done from one location across multiple blockchains. EverRevoke supports 5 blockchains: Ethereum (BNB Chain), Polygon(Polygon), Avalanche(Fantom), and Polygon.
In decentralized finance, token approvals are a common vulnerability. EverRise designed EverRevoke in order to help users remove their active permissions and raise awareness of the issue. DeFi and web3 are becoming more popular, so security should be a top priority to ensure that users have the assurance that they will not lose their assets. EverRise thinks that credible tools should be easily accessible.
“The token revoking tools currently available aren’t the most reliable and don’t provide users with an easy way to navigate what is in their wallet. EverRevoke provides them with the information they need to know to make an informed decision when it comes to wallet security.” – Suresh Maddineni, CEO and Founder EverRise
EverRevoke simplifies revoking approvals. You can also access the data you need to search through your digital assets. To verify tokens you will now be able to use block explorer along with sites CoinGecko, CoinMarketCap and CoinGecko. You can access NFTs via block explorer to view the smart contract, the token ID, and the platforms that you have approved.
Already, the new utility is being used to protect space users. EverRevoke is the most preferred platform for revoke tokens and NFT approbations by Sammy Arriaga and SupDucks.
EverRevoke gives users the ability to better manage which platforms and protocols have access. Access to your wallet must be provided in order to take part in decentralized finance. But, this is an easy way for bad actors to gain access.
Many exploits were discovered that took advantage of NFT and token approvals. Hackers use malicious code to access more wallets in a longer time frame, instead of running their fraud immediately. In order to restrict outside access to DeFi wallets it’s a best practice to cancel permissions that no longer need to be activated.
EverRevoke is accessible to anyone that interacts with tokens, NFTs, on Ethereum, BNB Chains, Polygons, Avalanche and Fantom.
EverRise
EverRise, a web3 technology company that focuses on decentralized finance and security solutions for the market, is focused on making it more accessible. EverRise is a decentralized application platform that gives developers and users the ability to reach the largest market possible while maintaining the highest level of security. They work towards mass adoption of safety protocols in Binance Smart Chains, Ethereum and Polygon networks. Currently, they offer six security dApps, EverBridge and EverOwn as well NFT Staking Lab and EverSwap.
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