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by yobananaboy
1481 days ago
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They were holding $17m in funds and only paid 2 unnamed security auditors? Yes, getting a proper audit for a Defi Protocol is expensive (probably 8 person weeks at $20-30k/week or ~$200k), and every good audit firm has a 3-6 month waiting period. But when you’ve got 100x that to lose, it’s a drop in the bucket. |
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