Decoding DeFi Transactions with Keystone Hardware Wallet
I. What is an ABI?
An ABI (Application Binary Interface) is a crucial interface that facilitates communication between two binary program modules. In the Ethereum ecosystem, an ABI serves as a tool for decoding DeFi (Decentralized Finance) transactions.
For more information, check out Keystone's blog.
II. Why Implement ABI Decoding?
Keystone, driven by a commitment to enhance transaction security and reliability, recognized the need for safeguarding DeFi projects against potential risks such as blind signing. To address this, Keystone has developed a feature that implements an ABI on a microSD card. Further details are provided in their blog.
III. Keystone's Solution
To decode DeFi transactions using ABI via a microSD card, ensure you have:
A. Preparation
- Firmware version 0.9.0 or newer on Keystone Essential or Pro. Refer to the firmware upgrade guide for assistance.
- Bind "MetaMask Extension" with Keystone Hardware Wallet. Follow the tutorial.
- MicroSD card (Default FAT32 format, capacity not exceeding 512GB). Keystone can format microSD cards to FAT32 using this tutorial.
- MicroSD card reader (Not necessary if your laptop has an in-built one).
B. Decoding DeFi Transactions
- Bind "MetaMask Extension" with Keystone Hardware Wallet. Refer to the tutorial.
- Insert the microSD card into your computer and download the latest ABI Pack from Keystone's GitHub. Unzip the "contracts.zip" file to the microSD card's root directory.
Tips: Verify ABI data using an open-source tool from GitHub > README.
- Insert the microSD card into Keystone and turn the device on.
- Create a DeFi transaction and obtain the unsigned transaction data in QR code format. Follow the steps in this guide.
- On Keystone, navigate to [Menu] > [Watch-only Wallet] > [MetaMask / DeFi / Web3] > [Confirm]. Select the "scan" icon and scan the QR code from the "MetaMask Extension."
Tips: Keystone supports switching wallet paths (ETH) to Ledger Live and Legacy formats. Check the tutorial for details.
- Keystone will locate the relevant ABI and decode your transactions, displaying transaction details.
Attention: Keep the microSD card plugged during verification.
Even if Keystone previously read the necessary ABI, you must insert the microSD card each time you sign a transaction.