Tech Workshop Series: Security First in DeFi

Tech Workshop Series: Security First in DeFi

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Crypto did a good job adopting the clause “Code is law,” in the blockchain, but there’s still a long way ahead. In this workshop, you will learn more about blockchain security and understand how to make your project more secure.

First Session

Understand the security risk of Blockchain – by Certik Team (1am UTC+0 May 25th)

  • Quick introduction to solidity, smart contract development, and applications in the DeFi environment.
  • Case study on ten recent exploits and hacks; grouped into four categories.
  • How to prepare your project and get the most out of a security audit.

Watch the playback here

Second Session

Incident Response Process(During/After hacks) – by Merkle Science Team (12pm UTC+0 May 26th)

  • Identifying affected addresses
  • Tracking and monitoring fund movements
  • Notifying recipient entity
  • Due diligence reports on entities built on BSC

Watch the playback here

Third Session

Project Panel: How projects respond to risks and how general users can protect themself? – (1pm UTC+0 May 27th)

Guests: Cream, dForce, Autofarm, Ogle

  • Evaluating and mitigating collateral risks
  • Isolating risk of multiple protocol interactions
  • Risks of flash loans and liquidity pools
  • What are some common things to look out for in a contract that indicate it be risky? [Mint unlimited tokens, migrate liquidity pools or staked assets, changes to fee percentages without a timelock]
  • What are some practical measures a user can take on a day to day basis to keep themselves safe in a Defi environment?
  • And more……..

Watch the playback here

Fourth Session

Best practices for working with data/oracle in a smart contract- by Chainlink Team (12pm UTC+0 June 3rd)

  • Understanding using Oracles
  • Working with pricing data
  • Avoiding DeFi Exploits
  • Calling price functions

Watch the playback here

Fifth Session

Proactive defense for DeFi protocols: Security as a never ending process-by Immunefi team– (12:30 pm UTC+0 June 4th)

  • Crypto as a hostile environment; a perfect storm for malicious behavior
  • Your only defense: Building proactive security processes into every development workflow
  • The DeFi security stack, end to end: Recurring audits, formal verification, and bug bounties as the security trifecta

Watch the playback here

Sixth Session

How to use fantastic metrics to monitor your Web3 project-by Tenderly team (12pm UTC+0 June 10th)

  • A quick introduction to what are Metrics and how teams can use them to create a Monitoring system
  • Discussion around when is the best time to start monitoring your system
  • How to use the knowledge we gained in the first two parts to monitor our Web3 project

👉 Join the conversation about security, smart contract, infra, etc and find partnerships in the new BSC Discord community and Dev TG community

👉 Also, want your project get direct investment from 100M Binance Smart Chain Fund+ potential opportunity vote list on Binance. Check MVB II program.

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