Security
DeFi has justly been criticized for its subpar security standards. This year, we saw a 300 million USD hack on Solana wormhole and an 80 million USD hack on Qubit. Security is a constant battle, and there is no single solution for it. We will always prioritize security over features or development speed.
We will employ the following security measures to fight hacks:
- 100% unit test coverage
- Working MVP on a test-net before deployment
- Security audits before every deployment
- Upgradeable contracts to fix bugs post-deployment
- Bug bounties
- Secure oracles with backups
- Time locks to protect users from future changes
- Gnosis multi-signature wallets
Last modified 4mo ago