Exercise 6: Security Best Practices Assessment

⏰ Time Investment: 30-45 minutes 🎯 Goal: Understand token approvals and operational security

📚 Required Reading Integration 📖 Primary: Lesson 6: Security Fundamentals

🔍 Phase 1: Knowledge Check (15 minutes)

1. What is a token approval?

• Your answer: _________________________________

2. What is infinite approval and why is it risky?

• Your answer: _________________________________

3. How can you revoke token approvals?

• Your answer: _________________________________

4. What are some operational security best practices?

• Your answer: _________________________________

5. How do you verify you're on a legitimate dApp?

• Your answer: _________________________________

📊 Phase 2: Approval Audit (15 minutes)

Practice using Revoke.cash (or similar):

• Check your current approvals

• Identify unused approvals

• Understand how to revoke them

• Create a schedule for regular audits

💡 Phase 3: Security Plan (15 minutes)

Create a personal security plan:

• How often will you audit approvals?

• What tools will you use?

• How will you verify new protocols?

• What are your red flags?