We are well aware that smart contracts digitally facilitate the verification, control or execution of an agreement and DeFi relies heavily on smart contracts.
However, they are also one of the most vulnerable parts of the DeFi ecosystem.
Smart contracts that are unaudited cause the hacks we read about in the news or the unprecedented losses people suffer from using DeFi services.
Examples of countless high-profile projects losing a huge amount in the past have made us all aware of the dire need for a quality smart contract audit.
Getting your smart contract audited does not guarantee that it will be secure from future attacks. As DeFi evolves, so do the audit rules.
Getting a smart contract audited needs your undivided attention, as there are multiple challenges that you will face while getting your smart contract audited such as:
Smart contracts are vulnerable to several attacks, including Reentrancy Attacks, Replay Attacks, Short Address Attacks, and Reordering Attacks. An audit needs to be thorough enough to address all the possible attacks.
Smart contract audits can take a few days or even a month, depending on the type and scale of the contract.
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