DeFi
Dusa Labs Enhances DeFi Experience with Sayfer’s Smart Contract Expertise
Tel Aviv, Israel, July 2, 2024, Chainwire
Dusa Laboratoriesa pioneering DeFi protocol built on the Massa blockchain, has partnered with Sayfer to ensure the highest security of its innovative platform. This strategic collaboration leveraged Sayfer’s extensive expertise in smart contract auditing, strengthened the Dusa protocol, and set a new standard for secure and trustworthy DeFi experiences.
Dusa Labs is at the forefront of the DeFi revolution with its pioneering development of the first fully decentralized trading protocol on the Massa blockchain. This revolutionary protocol facilitates spot trading while providing advanced features like those of centralized exchanges. Dusa’s redesign of DeFi protocols is rooted in the core principles of decentralization, accessibility, interoperability, security, censorship resistance, and autonomous smart contracts.
Building on the Massa blockchain
Dusa Labs offers users a highly secure decentralized environment, offering features such as DEX swaps and advanced order options including limit orders, trailing stops, dollar-cost averaging, and custom liquidity management strategies. The platform maintains a decentralized architecture and its 100% on-chain structure provides developers with a solid foundation to build DeFi applications, prioritizing maximum security and decentralized principles.
The main features of the Dusa protocol are:
- Fully decentralized infrastructure: From the web application interface to the autonomous trading order activation mechanisms, Dusa Labs’ infrastructure is entirely blockchain-based, eliminating single points of centralization and potential security risks.
- Concentrated liquidity: Their Automated Market Maker (AMM) is based on a concentrated liquidity book, allowing traders to benefit from the best prices and liquidity providers to multiply their returns without additional time commitment.
- Autonomous liquidity: Leveraging the pioneering adoption of autonomous smart contracts on the Massa blockchain, they are creating new on-chain trading tools and autonomous liquidity management solutions, paving the way for future DeFi innovations.
The Sayfer Security Seal
Dusa Labs partnered with Sayfer, a leading blockchain security company, to ensure the security and resiliency of its innovative platform before launching the AMM on the mainnet. Sayfer’s experts meticulously reviewed Dusa Labs’ smart contracts to potential vulnerabilities and worked closely with the Dusa Labs team to address them. As the Dusa team shared, “Sayfer helped us get through the final stages before launching our AMM on mainnet. Their team has always been very responsive and the constant communication allowed us to quickly fix the identified vulnerabilities.”
About Sayfer
Sayfer is a trusted and innovative cybersecurity consulting firm, specializing in tailor-made cybersecurity solutions for businesses.
Sayfer’s business threat researchers and analysts approach cybersecurity with a hacker’s approach. This strategy allows Sayfer to prioritize and deliver solutions to the most critical risk areas and address vulnerabilities that traditional security products may overlook. Additionally, by adhering to the latest industry standards, such as the Smart Contract Security Verification Standard (SCSVSv2), Sayfer helps organizations comply with key regulations such as SOC2, ISO27001, and HIPAA.
At Sayfer, the team works tirelessly to ensure the security and protection of Sayfer users’ businesses from cyber threats, giving them the peace of mind needed to continue growing their businesses.
Contact
Shay
Gan
Sayfer Security
gs@sayfer.io
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