🗒️ DeFi | Smart Contract Risk
· Definition: If the code is changed after an audit, or the version actually deployed differs from the audited version, the audit findings may not fully apply.
· Principle: Contracts that have been running for a long time and have been tested with large amounts of funds are generally considered more reliable, but that still does not mean they are free of vulnerabilities.
· Reminder: When you see a new protocol offering an annualized yield far above similar ones, first check whether it has been audited, whether the team is public, and whether the contract can be upgraded at will.
$ETH 2384.97（-3.66%）
· Definition: If the code is changed after an audit, or the version actually deployed differs from the audited version, the audit findings may not fully apply.
· Principle: Contracts that have been running for a long time and have been tested with large amounts of funds are generally considered more reliable, but that still does not mean they are free of vulnerabilities.
· Reminder: When you see a new protocol offering an annualized yield far above similar ones, first check whether it has been audited, whether the team is public, and whether the contract can be upgraded at will.
$ETH 2384.97（-3.66%）