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:
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.
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.
Ready to try? Install the Snap here: Forta
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