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wxxyrqa

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Merit: 121

Growth & Marketing | IEO | Bounty | Strat

Quote from: AhmadM on December 02, 2020, 05:47:42 PM

Quote from: wxxyrqa on December 02, 2020, 11:50:39 AM

I am very upset that I cannot find audit results for projects such as King Swap and DeFi Yield Protocol. It seems to me that these are really promising projects, but I would like to see a real assessment.

Hmm, if you really want to see the audit results of those DeFi projects above it's better to create a request through the website^[1] itself or request it to @ShinkaRex directly on DeFi safety telegram group^[2], since he is the person who operates the website and did all those of audits as well.

[1] https://defisafety.com/request-an-audit/
[2] https://t.me/joinchat/Hnf-exmsTNGgmq6SYKCPCA

Thank you so much for sharing. I will definitely refer to these contacts and of course I hope that this process will be free, since my investments in these projects do not exceed $ 300 and I don’t know if it makes sense to pay for the audit.

AhmadM

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Activity: 1022

Merit: 308

Quote from: wxxyrqa on December 02, 2020, 11:50:39 AM

I am very upset that I cannot find audit results for projects such as King Swap and DeFi Yield Protocol. It seems to me that these are really promising projects, but I would like to see a real assessment.

Hmm, if you really want to see the audit results of those DeFi projects above it's better to create a request through the website^[1] itself or request it to @ShinkaRex directly on DeFi safety telegram group^[2], since he is the person who operates the website and did all those of audits as well.

[1] https://defisafety.com/request-an-audit/
[2] https://t.me/joinchat/Hnf-exmsTNGgmq6SYKCPCA

wxxyrqa

full member

Activity: 1330

Merit: 121

Growth & Marketing | IEO | Bounty | Strat

I am very upset that I cannot find audit results for projects such as King Swap and DeFi Yield Protocol. It seems to me that these are really promising projects, but I would like to see a real assessment.

Shallow

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Activity: 938

Merit: 255

SmartFi - EARN, LEND & TRADE

I believe by now many others would have been audited but at the same time, I also believe there are project teams who do not having this auditing of a thing at heart because they do not plan on lasting long, that is, just get the neccessary funds and move on, and most times they always succeed because most people only focus on hype. But however, with the increase in Defi projects nowadays, it is very important for users or potential investors to make sure the platform or project they are investing with is audited, because this shows how serious the team are, how serious they taking what they are working on and how serious they take their investors investments. Lastly, this should be one of the points to look at before investing in any of them.
Thanks for sharing as well as for the person who showed the service.

Dinda mayasi

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This is a new thing for me, during the new pandemic this time see a new project with a paradefi network system. My hope in the future this crypto project can be the economic solution of various countries. I will continue to support defi innovation in serving crypto projects.

leea-1334

hero member

Activity: 2240

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Temporary forum vacation

The crazy thing about it is even before Defi, were there not so many companies already providing security audits for smart contracts? And after 5 years of being in existence why are coders still not able to tell when their contracts have loopholes? My answer,,, the developers themselves left the code like so and then leaked it out to others or themselves took the exploit;) Just saying.

Yogee

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Activity: 1526

Merit: 412

Quote from: AhmadM on September 14, 2020, 05:59:40 PM

Quote from: Yogee on September 13, 2020, 11:59:56 PM

What is considered as high, low, or passable rating?

Better to read the procedure of how these audits processed,

Testing should have been given more weight. I prefer 40 instead of the current 20.
Audit before or after deployment is really important but I think 50 should be enough.

What does the color in your table represents by the way?

Quote

......
In this case even though Hex embed their GitHub on the website but the main development was not there, looks like they using GitLab to develop the project and high likely they set it as private so there is nothing visible to tests. Whos know how long they will keep it as private and will open it to public.

One reason why I'm critical with its current rating is that HEX has been tagged as a ponzi scheme. They're giving insane returns while it's not really clear where the fund is coming from. Maybe the code could at least give us a better look if it can be viewed and tested publicly.

AhmadM

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Activity: 1022

Merit: 308

Quote from: Yogee on September 13, 2020, 11:59:56 PM

What is considered as high, low, or passable rating?

Better to read the procedure of how these audits processed,

Quote from: Yogee on September 13, 2020, 11:59:56 PM

I don't know if it's just me but I think results should be released until test have been done. As you can see in the above table, HEX has 70% overall rating with 0% test conducted.

In this case even though Hex embed their GitHub on the website but the main development was not there, looks like they using GitLab to develop the project and high likely they set it as private so there is nothing visible to tests. Whos know how long they will keep it as private and will open it to public.

Yogee

sr. member

Activity: 1526

Merit: 412

What is considered as high, low, or passable rating?

The overall result on HEX could mislead other readers here. I don't know if it's just me but I think results should be released until test have been done. As you can see in the above table, HEX has 70% overall rating with 0% test conducted.

AhmadM

sr. member

Activity: 1022

Merit: 308

New audits have released up

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Project

AhmadM

sr. member

Activity: 1022

Merit: 308

Quote from: cryptoaddictchie on September 02, 2020, 09:54:21 PM

So the audit is done through request?

Although there are no requests for them (high likely it would not happen) I think they would keep continuing their works. Since according to the owner's statement on telegram their goal is to audits of the full defipulse list and they would only audit released projects on the ethereum mainnet with published contract addresses.

The next audits would be:
- Akropolis Sparta
- RenVM
- Harvest
- Flexa
- YFFI
- Nexus Mutual

cryptoaddictchie

legendary

Activity: 2072

Merit: 1315

Nice this is a good filter for defi projects. So the audit is done through request? One thing Im concerned always about audit is their transparency and consistency of checking projects. The telegram group is 140 members as of now, so probably only few user or defi project could known this yet. At least there is a service for this. I didnt joined on telegram to check hows the process they did here but I do hope they could audit a large volume of projects that launched everyday, there is a chance those will not avail the service if they intend to rug the budget they earned from presale.

Thanks OP for sharing.

AhmadM

sr. member

Activity: 1022

Merit: 308

Definitely this is a good service due to the current hype of defi projects, it really assists anyone to do a deeper check before jump in defi projects.
Unfortunately, there are some pages that still have not secured SSL (a bit worries).

Anyway thanks for sharing it

Symmetrick

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Activity: 520

Merit: 11957

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