💰 Yield AI won a $10,000 audit credit from CertiK in an additional track of the Colosseum hackathon.
177 applications were submitted to the track. I think it helped that the project already has real users and a smart contract on mainnet.
At the same time, the audit could cost more than the prize amount. I’ve requested quotes to review our smart contracts for various projects; in my experience, reputable firms can charge $10,000–$30,000.
Based on private conversations with trusted experts, an audit for a project on Circle’s scale could start at $50,000.
Now we need to define the scope of the review and find out the final cost after applying the credit.
177 applications were submitted to the track. I think it helped that the project already has real users and a smart contract on mainnet.
At the same time, the audit could cost more than the prize amount. I’ve requested quotes to review our smart contracts for various projects; in my experience, reputable firms can charge $10,000–$30,000.
Based on private conversations with trusted experts, an audit for a project on Circle’s scale could start at $50,000.
Now we need to define the scope of the review and find out the final cost after applying the credit.