Press Release
Here are the Benefits of Auditing Your Smart Contract with SolidProof
Auditing a smart contract is vital to ensure that the code functions as intended. SolidProof offers a wide range of services to help with this process. Among these, the company guarantees a sound audit process and an experienced team of auditors.
Here are the benefits of auditing a smart contract with a reputable company such as SolidProof:
- A wide range of services: SolidProof offers a wide range of services to help with the audit process, including code review, security analysis, and more.
- A sound audit process: SolidProof has a good audit process in place to help ensure that a smart contract is functioning as intended.
Enjoying A Wide Range of Services
SolidProof is a German company offering a high standard to its clients. Its range of services includes:
- KYC Verification: They verify the identity of their clients to ensure that they are who they say they are. This helps to prevent fraud and scams. SolidProof provides a badge to their clients that says “KYC verified” to help show that the project is legitimate.
- Smart Contract Audit: They audit the smart contracts of their clients to ensure that they are secure and working as intended. This helps to prevent bugs and vulnerabilities in the contracts. SolidProof provides a certificate to their clients that says “Smart Contract Audit” to help show that the project is legitimate.
- Marketing Services: They offer a complete suite of marketing-related services. Among these, the project’s website highlights PR, influencer marketing, YouTube, social media, viral/shilling services and many more.
Benefiting from a Sound Audit Process
SolidProof’s audit process is comprehensive and meticulous, starting with requesting a free audit and submitting the contract to the company. Once they have assessed the contract, they will send a quote for the audit.
They will review the source code and prepare an audit report, including an audit protocol and pointing out possible vulnerabilities. SolidProof’s experts will test manually and with automated tests.
The audited project’s development team will then cooperate closely with SolidProof to ensure the vulnerabilities are closed. Once the audit process is over, the company will deliver an audit report, including a certificate and additional marketing material.
SolidProof’s reports generally contain two types of findings:
- Critical: These are significant vulnerabilities that can result in losing all invested funds or complete control over the smart contract.
- Medium and Low: While these findings are not as severe, they are still valid points to highlight, according to the team.
About SolidProof
SolidProof is a famous German company in the crypto industry that audits smart contracts to ensure their efficacy. The project’s “live tracker” feature allows users to monitor the progress of various projects under SolidProof’s audit.
Furthermore, the company also offers KYC verification services to help new projects launch with less risk. SolidProof increases transparency and safety in the crypto industry by providing these services.
As more and more projects launch, it becomes increasingly difficult for new projects to build brand reliability. However, with SolidProof’s help, these projects can gain the trust of users and investors more easily.
Readers can find more details on SolidProof’s offer and developments on the team’s website and social media pages below.
Twitter (Official) | Twitter (Insider) | Facebook | Telegram
Media Contact
MAILS Nielsen
Press Release
Y2B introduce protocol to allow users hedge, leverage, speculate and trade the different components of pegged assets
Y2B Finance is a suite of structured products designed for exotic peg derivatives, that will allow market participants the ability to robustly hedge or speculate on the risk of a particular pegged asset (or basket of pegged assets), deviating from their ‘fair implied market value’.
Introducing Y2B Finance
Y2B Finance is the hard fork from Y2K Finance, they follow the exact same protocol from what Y2K team did. It is a suite of products designed for exotic peg derivatives that will allow participants to hedge or speculate on the risk of a particular pegged asset (or basket of pegged assets), deviating from their ‘fair implied market value’.
The protocol brings three main products to the table:
Typhoon
This flagship Y2B structured product leverages a variant of the ERC-1155 standard for the creation of fully-collateralized insurance vaults. Users can use these vaults to hedge, speculate and underwrite the volatility risk associated with various pegged assets. Token holders are rewarded from trading fees derived from this marketplace.
Users can hedge against these assets de-pegging by depositing ETH collateral into the Hedge vault and receiving Y2B tokens (Vault Tokens) in return.
Initially, users can hedge against USDT, USDC, BUSD and DAI de-pegging with weekly and monthly time periods. More assets will be supported in the future.
Volcano
Volcano is a Collateralized Debt Obligation (CDO) powered lending market for pegged assets with MEV-proof liquidations. Volcano is the secondary market place that builds on top of Typhoon tokenized vaults. Since collateral is locked up for the duration of the vault cycle, this secondary market allows users to enter and exit positions in real time via its order book.
Wildlife
Wildlife is an on-chain RFQ orderbook where users can trade Y2B risk tokens amongst themselves, both unlocking ample liquidity and allowing for rapid repricing of semi-fungible tokens.
In other words, Y2B Finance offers a fully transparent, on-chain insurance solution for users, DAOs, and more looking to hedge against their pegged asset positions. Y2B also further promotes decentralization by making these markets accessible for all participants and by providing instant and guaranteed payouts via Chainlink oracles.
Y2B brings a new set of tools to DeFi that will allow users to better manage their stablecoin risk.
To keep up with Y2B follow them on Twitter.
Official Website: https://y2b.finance/
Discord: https://discord.com/invite/uE3XgpYNJA
Official Docs: https://docs.y2b.finance/y2b-docs/
Press Release
DIFX Says Hola Mzansi by Joining Hands with Digital Banking Platform eZaga to Launch DoshFX
Fully secured centralized exchange, DIFX has officially partnered with eZaga, South Africa’s premier digital banking platform, to set up a new regional crypto platform, DoshFX.
Digital Financial Exchange known as DIFX is an EU-regulated CEX, disrupting the financial industry by bridging digital and traditional assets. With DIFX, users can create diverse portfolios in various asset classes like indices, forex, CFDs, commodities, futures, and cryptocurrencies all while having access to a fully secured wallet. In a mission to expand its services and accelerate blockchain adoption through the African continent, DIFX has officially partnered with the South African digital banking platform eZaga.
Founded in 2014, eZaga has been a pioneer in providing financial solutions to the underbanked & informal sector with innovative tools and services that enable people to transform the way they manage finance through the use of mobile technology. Over the past 2 years alone, the African continent has become a well-developed crypto market that has seen deep penetration and integration of cryptocurrency into everyday financial activities for many users. In fact, the Chainalysis report for June 2022 showed that Sub-Saharan Africa was the overall leader in retail crypto transfers, accounting for 80.1% of the global regional transactions.
Therefore, to service this growing industry, both DIFX & eZaga have joined hands to create a new financial platform catered explicitly to the African continent called DoshFX.
DoshFX will serve as an exclusive multi-asset trading platform for users from the African continent and help increase the rate of adoption found in the region. A key mission of DoshFX is to improve financial services around the continent with blockchain technology, cryptocurrencies, and traditional assets. The new platform will be utilizing both parent entities’ crypto and banking solutions to reach a wide audience of crypto enthusiasts and traders alike. Furthermore, the unique partnership allows all eZaga users to open an account on DoshFX without any additional KYC requirements and have access to a secure custodian wallet.
Regarding the partnership, DIFX CEO & Co-Founder Jeetu Kataria stated “Our primary mission as DIFX is to provide a robust trading platform for our global users so that we can increase the acceptance and adoption of blockchain and digital assets in a secure and transparent manner. We want to foster a world where payments and financial management are done with the ease of your fingertips. For us, the creation of DoshFX is an extension of the DIFX mission of forging a blockchain future along with our commitment as a member of the digital space to take part in helping the industry with its adoption and bring financial inclusion to all people, especially the unbanked majority, through various digital assets.”
Saud Ally, CEO & Founder of eZaga added “The creation of DoshFX is a needed service for the African continent, as the growth of adoption in the region is unbelievable. With this new venture, we want to expand eZaga’s banking capabilities and give our existing users a platform to leverage blockchain and digital assets.” Ally further stated that “DoshFX and eZaga are working together with DIFX to create a new infrastructure that will make money move instantly, identify users, and allow them to connect to bank accounts and credit cards.” Both the respective founders also shared their mutual passion for investing in South Africa’s innovation layer and developing DoshFX to act as a foundation for all future developments and blockchain scalability within the continent.
About DoshFX
DoshFX is a premier African centralized exchange created through a partnership between a fully secured cross-asset trading platform & African digital banking platform to provide users within the region a safe and secure way to trade cryptocurrencies like BTC, ETH, USDT, and much more.
DoshFX is powered by eZaga Capital bearing license number FSP license no. 44133, Auth FSP. Limits, terms, and conditions apply.
To learn more about the services and features of DoshFX, visit doshfx.io
About DIFX
Digital Financial Exchange (DIFX) is a centralized cross-asset crypto exchange that allows users to trade between multiple asset classes that include indices, forex, crypto, metals, and commodities, just to name a few. The DIFX fully insured crypto wallet comes from a partnership with Fireblocks, one of the leading crypto custodians in the world.
DIFX was presented with the “Most Trusted Cross-Asset Trading Platform — 2022” by the Crypto Expo Dubai and the “Best New Trading Platform Award” at the E-Business Awards 2021 by Entrepreneur Middle East and the Forex Expo 2021.
To begin your journey with Endless Possibilities, download the app now from the iOS or Google Play Store, or visit us at difx.com.
About eZaga
eZaga is a South African digital banking platform and authorized financial services provider that enables African users to open a bank account via their mobile phones in less than two minutes. It leverages mobile technology like USSD and a mobile app, existing banking infrastructure like ATMs, and a low-fee structure to empower unbanked people and organizations to achieve more.
To learn more about eZaga visit https://www.ezaga.co.za/ or download the app now on iOS or Google Play Store.
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