An updated look at DeFi audits and bug bounties
Quick Take
- As DeFi continues to grow, exploiting smart contracts will become more and more lucrative
- While hacks are inevitable, reasonable efforts can be made to ensure that the likelihood of their occurrences is kept at a minimum
- Smart contract audit firms are facing unprecedented demand and this may eventually be a limiting factor for DeFi’s development
- Bug bounties and automated auditing software are going to play a crucial role in ensuring the security of smart contracts
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: Arnold Toh
