The OKX Web3 Earn DeFi aggregator has integrated the Skynet Security Score developed by CertiK, the industry leader in Web3 security. OKX Web3 Earn is an all-inclusive platform that assists users in making the most of decentralised finance by providing an easy-to-use interface for locating, comparing, and managing assets that generate income across a variety of DeFi protocols.
The integration by Web3 Earn of the Skynet Security Score from CertiK, makes it much easier for investors to identify projects that value security. The Skynet Security Score is a potent addition to the arsenal of the decerning investor. It incorporates factors such as code audits, operational resilience, market stability, and the history of the development team.
CertiK, which was founded in 2018, is an industry leader in blockchain security thanks to its use of cutting-edge AI to safeguard blockchain protocols and keep tabs on. So far, it has worked with approximately 4,000 enterprise clients and safeguarded over $360 billion worth of digital assets. In addition, it has detected nearly 70,000 weaknesses in various blockchain platforms.
CertiK’s inclusion makes it easier to evaluate the safety of Earn procedures and instills users with more faith as a result. Web3 Earn currently supports nine distinct blockchains and more than 80 DeFi protocols, with more on the way. Using a weighted average of security measures, CertiK’s Skynet Security Score ranks the security of a Web3 project, allowing users to quickly and easily compare the relative safety of different projects.
OKX has had an eventful week, which has seen the company take bolder steps towards fighting against government excesses against the crypto industry. It has released an acclaimed advert calling for a “rewrite” of the global financial system as opposed to an “update.” By bringing CertiK on board, OKX is passing the message that it is not just fighting for true decentralization, but also establishing a strong foundation for checks and balances.
This post was last modified on May 11, 2023, 15:08 BST 15:08