1/ DAOs can be a double-edged sword - a potential bug in @LidoFinance will ripple across the DeFi ecosystem.
That’s why when they introduced their innovative Dual Governance, I reviewed the design before a single line of code was written and prevented the apocalypse. 🧵
🚀 DeFi Security Summit 2024 is less than 24 hours away!
We're excited to kick things off with an amazing lineup.
📅 Speakers, be sure to check the schedule, and get ready to dive into the future of DeFi security.
https://t.co/dC6q0f4NRW
📆 Sep 20: Time to lace up! 🏃♂️
We’ll be co-hosting a 5K run/walk with @ElectricCapital. A perfect way to recharge before diving back into the conferences. ⬇️
https://t.co/S9OeZZEest
📆 Sep 18: We’re kicking off #Token2049 with a co-hosted lunch alongside @multisig at Marina Bay.
Join us for great bites, meaningful connections, and tons of networking opportunities ⬇️
https://t.co/0VHyFiRorx
Are you a math whiz looking to monetize your skills? Compete in the $100K @Uniswap formal verification bug-bounty contest on @cantinaxyz!
Join our beginner-friendly webinar on September 2nd, 16:00 UTC to kickstart your journey into formal verification.
https://t.co/3Y3TZU4hlE
4/ The Holy Grail
A crucial invariant for a lending protocol is ensuring users’ health factor only changes with their balances or asset prices.
Proving this invariant was a challenge for both testing suites. Formally proving it couldn't be broken was considered the ‘Holy Grail’ of formal verification.
@certora's team achieved and formally verified that the invariant could not be broken.
1/ I am excited to talk this Monday at @EthCC security about how lending protocols, including @aave, @MorphoLabs, @SiloFinance, and @eulerfinance are securing their code via formal verification.
Do you know what is the most critical security property of a lending protocol?
Not long to go until the 2nd annual Lemniscap Portfolio Day at @EthCC@EthCCweek, happening next Thursday. Don't miss the chance to network with our portfolio founders and industry leaders in the heart of Brussels🇧🇪!
Last spots remaining. Register here👇
https://t.co/uT2c56YmLc
1/ Babylon Finance is Shutting Down
Despite our efforts, we haven’t been able to revert the negative momentum caused by the Rari hack. 🐻 Market hasn't helped.
https://t.co/Qgb5XM33ZX
🧵 TLDR below