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@lodelascripto Gracias Nestor. Pienso lo mismo en cuanto al precio que le de una sacudida de bear y ahi ver como esta el proyecto de avanzado.
Pero la verdad que los que hicieron con el borrowing es muy bueno
Yearn Finance - one of DeFi's most audited protocols - just got drained yesterday.
Unlimited minting bug in the yETH pool.
CertiK, Trail of Bits, Quantstamp, MixBytes have all audited Yearn contracts. Plus many more.
Millions spent on security theater. And users still lost everything.
This is what nobody wants to talk about:
No audits = completely unacceptable
With audits = still not safe
So where does that leave us?
Stuck in security limbo. Pretending we're ready for mass adoption when we're clearly not.
The truth? Audits catch surface-level bugs. They're liability shields for founders, not protection for users. They check boxes so lawyers can say "we did our due diligence."
But they don't catch the sophisticated exploits. They don't prevent unlimited minting bugs. They don't stop the creativity of attackers who think in ways auditors never considered.
Real security doesn't start with an audit.
It starts with proper foundation:
🔸Safer asset structures that eliminate entire attack vectors
🔸No approval mechanisms to exploit
🔸Smart contracts designed with formal verification from day one
🔸Mathematical verifiability, not just "looks good to me"
🔸Protocol-level protections, not band-aids on broken architecture
Chains like MultiversX, Cardano, and Algorand built this in from the start. Native assets. No unlimited approvals. Security by design, not by afterthought.
Meanwhile, EVM chains keep building on the same broken foundation and slapping audits on top like that'll fix it.
It won't.
Yearn is just the latest proof. There will be more tomorrow. And next week. And next month.
Until we admit the hard truth: Web3 is still early. The infrastructure isn't ready. And pretending otherwise just puts more users at risk.
You can't audit your way out of fundamentally flawed architecture.
So stop acting like you can.
Hi @coffeebreak_YT, I'm a small DeFi user who lost most of my savings in the Stream Finance debacle. The core dev “Diogenes” refuses to return user funds that were supposed to be safe. I have full on-chain history + docs. Could you look into it?
Appreciate your help!