KnitFinance Security Audit Report on Smart Contracts by Armor Labs.

Published on: 20.06.2021

Knit Finance has announced that the $KFT token smart contract has been successfully passed the smart contract security audit performed by Armor Labs.

The audit performed by Armor Labs assessed the code and the underlying structure of the Octopus Protocol. The results of the in-depth code audit were deemed as ‘Passed’ on 8th May 2021.

 

Highlights of the process

  • Contract status achieved as Safe & Passed Status. There was no issue found.
  • Contracts are well written and structured. All Parameters have been checked and are completely safe with no issues , so it is fully production-ready.

 

About Knit Finance

Knit Finance is a unique decentralized protocol that integrates its wrapped protocol across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts. KnitFinance bridges multiple non-Ethereum chains with wrapped tokens. Any asset can be leveraged within Ethereum DeFi and implemented into liquid lending and trading.

 

🔽 INFO:

https://knitfinance.medium.com/knitfinance-security-audit-report-on-smart-contracts-by-armor-labs-5f5e7ff1a3b6

Market Stats:
BTC Dominance: 56.67%(+0.26%/24h)
ETH Dominance: 12.22%(-0.13%/24h)
Defi Market Cap: $122.61B(-5.62%/24h)
Total Market Cap: $3425.82B(+3.75%/24h)
Total Trading Volume 24h: $132.26B(-19.91%/24h)
ETH Market Cap: $418.43B
Defi to ETH Ratio: 29.3%
Defi Dominance: 3.43%
Altcoin Market Cap: $1484.35B
Altcoin Volume 24h: $86.7B
Total Cryptocurrencies: 32987
Active Cryptocurrencies: 10477
Active Market Pairs: 95159
Active Exchanges: 771
Total Exchanges: 9805
BTC: 98055.3$(-0.01%/1H)
ETH: 3475.72$(-0.01%/1H)
AVAX: 41.07$(-0.55%/1H)
BNB: 699.68$(0.24%/1H)
MATIC: 0.52$(-0.25%/1H)
FTM: 1$(-0.61%/1H)
ADA: 0.93$(-0.52%/1H)
DOT: 7.49$(-0.36%/1H)
UNI: 14.3$(-0.45%/1H)
CAKE: 2.6$(-0.62%/1H)
SUSHI: 1.6$(-1.35%/1H)
ONE: 0.03$(0%/1H)