Umee partners with Forta

Published on: 11.06.2022
Umee partners with Forta

Umee partners with Forta for comprehensive security and monitoring. Umee always takes a proactive approach to prevent malicious acts. They are wary of the potential vulnerabilities. Likewise, protocol threats and risks that could lead to compromise of the security within their network. 

Hence, they are pleased to announce its appointment of Forta, the world’s first decentralized solution delivering real-time intelligence on security, to safeguard an environment for the safety of our users’ assets. Forta is a Web3 security solution with proven records of successful adoption by some of the largest DeFi projects.

The integration of Forta network ensures Umee can swiftly respond to technical issues in a timely manner.

In this partnership, Umee will integrate a full suite of agents from the Forta Network. It also aims to monitor the critical aspects of the Bancor protocol and detect security issues.

Umee’s mission

Upon successful deployment, the Umee ecosystem will be provided with ultimate vigilance, system security insights, and full visibility over smart contracts with real-time monitoring. The alert integration by Forta further empowers the team with greater agility to act on detected risks and issues.

Moreover, the platform is on a mission to reshape the future of DeFi by bridging blockchains with the highest interoperability as a cross-chain DeFi hub. In addition, the Protocol security is always on top of their minds as they envision a reliable DeFi world where its community can interact with different blockchains securely.

ABOUT Umee
Umee is a cross-chain DeFi hub that interconnects between blockchains. As a base layer blockchain, applications and money lego primitives can be built on top of Umee. Gives access to cross-chain leverage and liquidity. Furthermore, the Umee Blockchain facilitates interoperability between the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols.

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ABOUT Forta Network
Incubated by OpenZeppelin, Forta is the first decentralized network delivering real-time intelligence. Specifically on the security and health of Web3 core infrastructure and dApps. Protocols, DAOs, investors, and individuals can use Forta to receive real-time insights on security, financial, operational, and governance-related events on L1s, as well as L2s, and sidechains.

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