BitKeep Completes Protection Audit of Swap Protocol, Launches $1M Safe Asset Fund

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BitKeep, the major World-wide-web 3. multi-chain crypto wallet, serves far more than 7 million people from throughout 168 international locations.

Supporting 76 mainnets, and 220,000+ tokens, BitKeep Wallet is a lot more than just a decentralized wallet it also integrates key DEXs, holds an NFT Sector, and presents a functional DApp browser.

On December 1, BitKeep released its Swap Protocol V2, which is now open up source with the stability audit completed by the SlowMist workforce.

Moreover, BitKeep declared the start of its Safe Asset Fund with an first funds of USD 1 million and promised to distribute 10% of the monthly revenue of Swap to the Fund. This Fund is intended to include user losses brought on by BitKeep.

Swap V2 audit

For the Swap Protocol audit, the SlowMist crew largely relied on White Box Screening and put together Black and Grey Box Tests. It simulated actual attacks and performed a complete security assessment masking all the code of Swap V2.

“No big vulnerabilities ended up uncovered throughout the audit. A reinforced stability prepare was designed jointly with the BitKeep technological crew,” SlowMist concluded.

BitKeep has enhanced related contingency options and configured multi-dimensional and in-depth defensive strategies such as one particular-tap suspension, timelock, and multisig. Besides, BitKeep is setting up a additional refined early warning and possibility handle system on the chain.

Soon after the audit, BitKeep produced Swap Protocol V2 open supply. A lot more protocol codes will be made accessible before long, this sort of as the core code of Swap V1 and NFT Market place. Test the Open up-Resource Main Code & Audit Report

BitKeep protected asset fund

With an first cash of USD 1 million, BitKeep Safe Asset Fund aims to retain users’ belongings protected and safeguard buyers from stability incidents. BitKeep Protection Fund will be applied to deal with the reduction of person property triggered by BitKeep, which it assumes will only take place in incredibly rare circumstances.

The organization promised to distribute 10% of the regular revenue of Swap to the Fund to assurance the ongoing expansion of the reserve.

“Transparency performs a significant element in constructing rely on. Figuring out that, BitKeep publicized the addresses of the Fund to present its ability and commitment in conditions of consumer protection,” explained an executive at BitKeep. Check the On-Chain Addresses of the Fund

About BitKeep

BitKeep is the top Net3. multi-chain crypto wallet. Thanks to its security, ease of use and inclusiveness, BitKeep wallet turns into a extensive-favored answer for extra than 7 million world wide buyers from across 168 countries.

BitKeep is now the wallet lover of the world’s top rated 30 mainnets these as Ethereum, Polygon, Solana and BNB Chain.

Integrating five big modules of ‘wallet,’ ‘swap,’ ‘NFT marketplace,’ ‘DApp’ and ‘discover,’ BitKeep supports above 76 mainnets, more than 15,000 DApps, around 1,000,000 NFTs and over 250,000 tokens.

It also boasts preferred attributes such as highly developed DEX value charts, instantaneous fuel swap and NFT buying and selling dividends. It’s the vision of BitKeep to supply the most secure and most effortless 1-cease provider for worldwide crypto investors.

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