#DeFiGetsGraded
🎯 This is an annual report launched by the CertiK platform, which specializes in blockchain security. It provides a comprehensive assessment of decentralized finance (DeFi) projects and assigns them ratings based on their level of security.
🔍 The idea: Instead of jumping into any DeFi project and taking a risk, the report gives you a clear idea of the project's protection strength against hacks and fraud.
📊 How is the evaluation done?
Review of the code (Smart Contracts).
Assessment of governance and transparency.
Analysis of the history of hacks or vulnerabilities.
Evaluation of the team's response to any threats.
💡 The benefit for investors:
Helps you identify the safest projects before investing.
Reduces the likelihood of losing your money in weak protocols.
⚡ In summary: #DeFiGetsGraded is a quality certificate in the world of DeFi… If the project scores high, your chance of being more reassured increases.