Does beefy finance revoke permissions?

Apart from providing vaults for its yield farming, Beefy Finance has a revoke function. It automatically opened my Metamask browser extension wallet and asked me to click confirm. The tool displays, “Find & revoke all the addresses that can spend your tokens,” then gives you the option to revoke the unwanted permissions.

What is beefy allowance?

Keep your wallet safe with Beefy Allowance. Beefy Allowance allows you to revoke wallet access from previously Authorized Spenders. Forked from a token allowance checker on Ethereum, this tool is used to revoke spend permissions from DApps that your wallet has previously interacted with.

What does it mean to revoke a token approval?

Revoking an approval/allowance means a dapp can no longer access the contents of your wallet and move them around. See also: our Twitter thread covering the distinction between these two actions, and our article on token approvals. How do I revoke approvals?