📋 DeFi | Smart Contract Risks
· Key point: Many protocols run bug bounty programs that reward white-hat researchers for reporting vulnerabilities.
· How to understand it: An audit doesn't mean a protocol is secure. Audits have limited scope and time, so they can only reduce the likelihood of common vulnerabilities—not eliminate every issue.
· Reminder: If a new protocol offers annualized returns far higher than similar protocols, check whether it has been audited, whether the team is publicly known, and whether the contract can be upgraded unilaterally.
$ETH 2518.22（-0.3%）
#ETH
· Key point: Many protocols run bug bounty programs that reward white-hat researchers for reporting vulnerabilities.
· How to understand it: An audit doesn't mean a protocol is secure. Audits have limited scope and time, so they can only reduce the likelihood of common vulnerabilities—not eliminate every issue.
· Reminder: If a new protocol offers annualized returns far higher than similar protocols, check whether it has been audited, whether the team is publicly known, and whether the contract can be upgraded unilaterally.
$ETH 2518.22（-0.3%）
#ETH