Securing the crypto world with smart audits for DeFi projects
Cryptocurrency is currently in a gold rush stage, with many new individuals entering the market, and whenever new people enter a market or space, there will always be others looking to take advantage of those new entrants. This is an undesirable occurrence in crypto space, but the reality is that it is quite simple due to the decentralized nature of cryptocurrency, people can steal your assets in some instances, therefore we're here to help prevent that as much as we can using DRIVENsecurity.
DRIVENsecurity is a branch of DRIVENecosystem that focuses on easy-to-read smart contract audits, DeFi security, fundamental project analyses, and smart contract development.
Accepting a project audit can be viewed as a sign of confidence and is typically the first indicator of trust for a project, but it does not guarantee that a team will not remove funds from the liquidity pool, sell tokens, or engage in any other type of fraud. There is also no method to restrict private sale holders from selling their tokens. It is ultimately your obligation to read through all documentation, social media posts, and contract code for each project in order to draw your own conclusions and define your own risk tolerance.
DRIVENsecurity accepts no responsibility for any losses or speculative investments. This audit's material is given solely for informational reasons and should not be construed as investment advice.
Fundamental Analysis is an overall project analysis with a number of separate aspects that will be evaluated. Every element will be assigned a security score of none, low, medium, or high, and investors will be able to form their own opinions about the project based on our review at the end.
DRIVENsecurity is providing a detailed smart contract audit that is thoroughly examined and analyzed. This procedure is carried out to uncover mistakes, flaws, and security vulnerabilities in the code in order to recommend improvements and solutions. In general, smart contract audits are required because most contracts deal with financial assets.
Passing a static code audit does not imply that the smart contract is safe and free of backdoors or malicious code written by the developer. A successful static code audit verifies that the smart contract was created using proper Solidity principles and that the smart contract is "deployable."
DRIVENecosystem team does not manually examine the code or run any manual tests on this specific type of smart contract analysis.
Project owners can contact the DRIVENteam to initiate a KYC verification procedure. During this procedure, project owners will be required to have a video meeting with us, provide us with photos of personal documents (ID, driver's license...), and show us the contract ownership. If a project's team agrees to do a KYC verification, they should be fully aware that a portion of the information will be released to the public if the project decides to defraud investors.
In the process of wallet forensics, DRIVENteam will go through the top 25 holders and check their stability and holding amounts. We will also look at the contract owner's initial transactions that are made right after the initial minting of the supply after smart contract deployment, in the hopes of uncovering suspicious token liquidation from team members and any suspicious use of the tokens from provided liquidity pool.
If you are the owner of a project, you can request an audit by filling out this form, and we will contact you as soon as possible.