Solidproof, a project based in Germany, has integrated the placeholder for its auto tool. According to Solidproof, the auto-audit tool will make audits more efficient. As soon as Defi projects add Solidproof as their trusted reviewer, Launchpads benefit from the advantages of the automatic tool. More launchpads are allowed to embed it in their sites.
One such launchpad is Unicrypt. The Auto-Tool works with its current predominant manual audit system and users can use the beta version first.
Audit Auto Tool enables developers to quickly submit their projects for review. They can also request a manual audit. This in-depth testing process should reveal whether a project is unguarded.
The tool is an algorithm that aims to find vulnerabilities in smart contract codes. Thus, it follows instructions without the human errors common in manual audit systems. In addition, it reduces the time required for audits and enables a quick process. The main objective of this new tool is exam efficiency.
The DeFi revolution offers promising financial opportunities. However, it also harbors significant dangers. DeFi projects and their users are always vulnerable to illegal attacks. Ultimately, decentralized finance doesn’t just attract revolution and capital. It also charms fraud, cyber crime, and money laundering. For example, from January to July 2021, hackers stole over $ 474 million from DeFi platforms alone.
Because of the risks, the need for optimal security is more urgent than ever. Solidproof offers sober solutions. With modern and innovative security solutions, this platform is intended to make the crypto space more secure for the community.
Free audit program
SolidProof recently launched a free audit program for DeFi projects. The company planned to show its supporters its appreciation by hosting a free exam competition.
The platform gave the community the chance to vote on the projects they felt would be best for a free review and report.
Solidproof and Unicrypt
Solidproof has great partnerships with popular Defi launchpads.
Solidproof has partnered with Unicrypt to help enter the smart contract auditing market. Unicrypt uses KYC systems from SolidProof and PassorFailMe to ensure user safety. The network strongly supports that tokens that are introduced on the ILO platform contact their KYC partners.
This is how they get KYC and auditing reports. It speeds up the chances of survival in DeFi space. This is vital as a small security mishap can cause the entire project to fail.
Today Solidproof leads a modern generation of accounting firms. The company is committed to making DeFi safer for all participants. The platform recently reviewed heavy ilos: Coinxpad, vEmpire, Bnb Cash. Everyone can link to Solidproof in their telegram, Twitter, Facebook and website.