Firstly, apologies as I’m a noob here, can I ask what happens when exploiters create an ICO project and sell their tokens, and upon completion of sale, decides to burn all the tokens that belong to abstract smart contract wallet owners? Am I right to say that because a smart contract does not require an
approve() before making a
safeTransferFrom() to a
0x00 address, essentially “burning the tokens” and affecting total supply on the ERC20 tokens, that this might be a possible exploit for ERC-4337 smart contract wallet owners?
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