FibSwap Passes TechRate Security Audit with High Integrity
Our commitment to maintaining a secure, safe and reliable platform form part of the core values of FibSwap. To ensure this, we have commissioned several Audits from various companies to continually review our process to protect our users and our platform from external exploits and vulnerabilities
We are delighted to announce that the first of these audits have been completed by TechRate and we are proud to tell you that we have passed with flying colours.
Webpage : Techrate.org
TechRate are a team of engineers and analysts specialized in blockchain technology and business analytics with wide experience on crypto market. Their core team is famous for its market reports made during 2017–2018 bullish market and technical evaluation of the projects.
They started as an Audit & Development firm for smart contracts in the beginning of the ICO rush and expanded their expertise to the market researches and exchange analytics, security and technical valuation of the projects.
FibSwap Audit Review Process
TechRate carried out a holistic test on our Lead contracts utilising the below methodology:
1 Compiler warnings: Passed
2 Race conditions and Reentrancy Cross-function race conditions: Passed
3 Possible delays in data delivery: Passed
4 Oracle calls: Passed
5 Front running: Passed
6 Timestamp dependence: Passed
7 Integer Overflow and Underflow. Passed
8 DoS with Revert: Passed
9 DoS with block gas limit: Low Issues
10 Methods execution permissions: Passed
11 Economy model: Passed
12 The impact of the exchange rate on the logic: Passed
13 Private user data leaks: Passed
14 Malicious Event log: Passed
15 Scoping and Declarations: Passed
16 Uninitialized storage pointers: Passed
17 Arithmetic accuracy: Passed
18 Design Logic: Passed
19 Cross-function race conditions: Passed
20 Safe Zeppelin module: Passed
21 Fallback function security: Passed
We are also pleased to announce that “No High Risk or Medium Risk” issues have been found in this initial audit.
FibSwap’s Continued Commitment to Review
As part of FibSwap’s core commitment to providing a secure DEX experience for our users, we will continually update and review our audit opinions and are in talks with several auditors prior to launch of V1.0 of the FibSwap DEx
TechRate — Completed ✅
As FibSwap grows, the security and integrity of our smart contracts will remain to be of pivotal importance.
FibSwap is an Interoperable Multi-chain Bridging System where holders of tokens can swap tokens from one chain to tokens on another chain. This is done with the click of a button and will greatly enhance the DeFi space by allowing multiple chains to cross swap their tokens.