Subscribe to Alex Obchakevich
<100 subscribers
Alex ObchakevichDeFi lesson: 1inch resolvers
Lesson Structure: 1/ Resolver Incentive Program 2/ Earn rewards by staking and delegating 3/ Modular Delegation 4/ Resolution 5/ Resolvers 1/ Resolver Incentive Program Resolvers Resolvers are algorithms that determine the best paths and strategies for exchanging tokens and providing liquidity based on data about available liquidity pools on different exchanges. They play an important role in optimizing trades and minimizing risk. Through the Resolver Incentive Program, users who provide liqu...
Alex ObchakevichDeSci can revolutionize insulin access and affordability / BionicDAO
This article is a follow-up to BionicDAO: Rethinking Healthcare Through Decentralized Science. My goal is to explore this topic in more detail and give you food for thought on the direction of decentralized science and how it can change the field of health care. Let's first understand what insulin and DeSci are: What is insulin? Insulin, produced in the pancreas, is an important hormone that unlocks the ability of cells to obtain sugar (energy). Originally derived from animals, it is now...
![Cover image for DeFi lesson: Swap surplus collection [ 1inch ]](https://img.paragraph.com/cdn-cgi/image/format=auto,width=3840,quality=85/https://storage.googleapis.com/papyrus_images/288bc23cbc0ad72b19432f7ca99fae797eebce7b0191e28ac697dd04110f2907.png)
Alex ObchakevichDeFi lesson: Swap surplus collection [ 1inch ]
Lesson Structure: 1/ What is Swap surplus collection 2/ The 1inch DAO discontinues swap surplus collection 3/ Problematic and solution 1/ What is Swap surplus collection In the context of DeFi, "swap surplus collection" refers to the process of collecting or distributing surplus funds that are generated from decentralized swaps. When users make swaps, they pay fees or contribute liquidity to pools. These fees or additional tokens added to the liquidity pool can generate surplus funds over tim...
How can I secure my project from an attack?
Ways we can secure our smart contract 👇
1/ Constantly updating the code and bringing it up to date with the latest security standards and security recommendations of DeFi protocols
2/ Limiting the number of tokens that can be pledged by the borrower. This may reduce the possible damage in case of an attack, but does not guarantee the complete security of your smart contract.
3/ Auditing project contracts by security experts to identify potential vulnerabilities and risks associated with token borrowing. Conduct frequent bug bashing to find vulnerabilities and bugs. Incentivize users with monetary rewards for finding even the smallest bugs and vulnerabilities.
Each type of attack requires a different approach to auditing and testing. As practice shows, big auditing companies do not guarantee the security of your smart contract, so a security audit should be performed very often, even if you are sure of complete security (although this is not the case).
Example Borrow Logic Exploit attacks:
https://twitter.com/BlockSecTeam/status/1636650252844294144
Leave your likes and comments. Let's make the crypto space safer and more environmentally friendly together.
Twitter Thread:
How can I secure my project from an attack?
Ways we can secure our smart contract 👇
1/ Constantly updating the code and bringing it up to date with the latest security standards and security recommendations of DeFi protocols
2/ Limiting the number of tokens that can be pledged by the borrower. This may reduce the possible damage in case of an attack, but does not guarantee the complete security of your smart contract.
3/ Auditing project contracts by security experts to identify potential vulnerabilities and risks associated with token borrowing. Conduct frequent bug bashing to find vulnerabilities and bugs. Incentivize users with monetary rewards for finding even the smallest bugs and vulnerabilities.
Each type of attack requires a different approach to auditing and testing. As practice shows, big auditing companies do not guarantee the security of your smart contract, so a security audit should be performed very often, even if you are sure of complete security (although this is not the case).
Example Borrow Logic Exploit attacks:
https://twitter.com/BlockSecTeam/status/1636650252844294144
Leave your likes and comments. Let's make the crypto space safer and more environmentally friendly together.
Twitter Thread:
Alex ObchakevichDeFi lesson: 1inch resolvers
Lesson Structure: 1/ Resolver Incentive Program 2/ Earn rewards by staking and delegating 3/ Modular Delegation 4/ Resolution 5/ Resolvers 1/ Resolver Incentive Program Resolvers Resolvers are algorithms that determine the best paths and strategies for exchanging tokens and providing liquidity based on data about available liquidity pools on different exchanges. They play an important role in optimizing trades and minimizing risk. Through the Resolver Incentive Program, users who provide liqu...
Alex ObchakevichDeSci can revolutionize insulin access and affordability / BionicDAO
This article is a follow-up to BionicDAO: Rethinking Healthcare Through Decentralized Science. My goal is to explore this topic in more detail and give you food for thought on the direction of decentralized science and how it can change the field of health care. Let's first understand what insulin and DeSci are: What is insulin? Insulin, produced in the pancreas, is an important hormone that unlocks the ability of cells to obtain sugar (energy). Originally derived from animals, it is now...
Alex ObchakevichDeFi lesson: Swap surplus collection [ 1inch ]
Lesson Structure: 1/ What is Swap surplus collection 2/ The 1inch DAO discontinues swap surplus collection 3/ Problematic and solution 1/ What is Swap surplus collection In the context of DeFi, "swap surplus collection" refers to the process of collecting or distributing surplus funds that are generated from decentralized swaps. When users make swaps, they pay fees or contribute liquidity to pools. These fees or additional tokens added to the liquidity pool can generate surplus funds over tim...
Share Dialog
Share Dialog
No comments yet