Snaps allow you to add extra features and functionality to your MetaMask wallet find out more here: Customize your wallet with MetaMask Snaps
Transaction Insights provide essential information about a transaction you’re about to submit. For example, Forta protects users from scams by highlighting the risk of a user-initiated transaction before the transaction is approved. Read more on our Knowledge Base here: https://support.metamask.io/hc/en-us/articles/18377011111579-What-are-MetaMask-Snaps-T[…]scord&utm_medium=post&utm_campaign=2023_Nov__awareness_none
How it Works:
The Forta Snap for MetaMask is a plugin that automatically scans the addresses in a user’s pre-signed transaction against Forta’s database of known scammers. Based on the results, the plugin will display a “high-risk” or “low-risk” warning message to the user.
Some of the scam types covered by the Forta Snap include:
-
Token impersonation
-
Pig butchering
-
Gas minting
-
Sleep minting
-
Hard and soft rug Pulls
-
NFT wash trading
-Access to keys or user assets - No
-Access to create/update/modify transactions - No
-Access to read transactions - Yes
Forta Snap does not have access to users’ keys or assets. Forta Snap access is limited to reading the transactions and displaying the risk rating.
Practical Examples:
By accessing the Forta tab, users are presented with one of two indicators:
High Risk: This label signifies that the address being interacted with has prior associations with scam activities. Caution is advised.
Low Risk: This label indicates that there’s no known record of the address being involved in scam-related activities. However, users should still exercise their own due diligence.
Click the Forta Tab in MetaMask: Once you’ve initiated a transaction, navigate to the Forta tab within the MetaMask transaction window.
Check the Risk Level: On the Forta tab, you’ll see a risk assessment label, either High Risk or Low Risk, which gives you an indication of the potential risk associated with the address.
Conclusion:
Ready to try? Install the Snap here: Forta
Give feedback to help MetaMask improve Snaps. Click to share your thoughts with MetaMask: https://forms.gle/5BbPspbnhT4jVeL76