Study Notes | Smart Contract Risks
① Many protocols have bug bounty programs that reward white-hat hackers for reporting vulnerabilities.
② A code audit is an inspection of a specific version of code by an external security firm at a particular point in time.
③ When you see a new protocol offering annualized returns far higher than comparable ones, first check whether it has been audited, whether the team is publicly identified, and whether the contracts can be upgraded arbitrarily.
$ETH 2526.28（+0.4%）
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① Many protocols have bug bounty programs that reward white-hat hackers for reporting vulnerabilities.
② A code audit is an inspection of a specific version of code by an external security firm at a particular point in time.
③ When you see a new protocol offering annualized returns far higher than comparable ones, first check whether it has been audited, whether the team is publicly identified, and whether the contracts can be upgraded arbitrarily.
$ETH 2526.28（+0.4%）
#ETH