Dapps have a dirty secret: they can often access an unlimited number of tokens from your wallet. Sounds crazy, but that’s the reality behind the innocuous sounding ERC20 Approve method.
Investors are betting millions on this crypto wallet with fiat on-ramps to DeFi products.
Argent is a wallet. More precisely, it’s an App for Android and iOS allowing to install a smart non-custodial wallet for ERC-20 tokens.These are other people or other devices that the user already trusts, to which he can grant a limited authorization to be helped in specific activities, including the possible recovery of the wallet. These activities are stored in a smart contract, so that the user always has full control over them, being able to easily add or remove Guardians at any time. The private key of the wallet is secretly stored on the device, and the funds are deposited in a smart contract.