GIBXSWAP Star Project in CertiK Audit
Recently, the Defi star project GIBXSWAP released an audit report on the smart contract technology code. CertiK, the world’s leading blockchain security audit organization, participated in this code audit. CertiK relies on dynamic analysis, static analysis, and manual review to find potential security risks and possible production vulnerabilities and conduct a comprehensive review of GIBXSWAP.
Audit process
CertiK tested, analyzed, and inferred the structure, implementation, and overall best practices of GIBXSWAP ‘s smart contract technology code.
The CertiK team analyzed the entire code base based on the system, and then initiated the overall audit process, and strictly followed the high standardization requirements throughout the process.
During the audit process, CertiK made full use of dynamic analysis, static analysis, and manual review techniques to conduct a comprehensive inspection of the project agreement. Special attention was paid to the following items during the GIBXSWAP audit:
- Test all common and rare attack vectors against smart contracts
- Assess whether the code base meets current best practices and industry standards
- Ensure that the logic of the contract conforms to the design specification and design purpose
- Refer to and compare similar structures established by the industry
- Manual review of the entire code baseline by line
After the audit, CertiK again confirmed that the technical code delivered by GIBXSWAP was at a very high level of security and affirmed the initiative of GIBXSWAP to perform security tests.
The GIBXSWAP team has received CERTIK’s optimization suggestions, and these suggestions have been applied in the process of improving the codebase.
GIBXSWAP is committed to being the best-decentralized trading platform on the market, focusing on mainstream cryptocurrencies. The newly launched GIBXSWAP will also open liquidity mining, single currency mining, transaction mining, asset cross-chain functions, and the implementation of the board of directors mechanism. After the launch of GIBXSWAP, the multi-chain DEX model will be implemented. After the Binance Smart Chain, the Huobi Ecological Chain (HECO) and Ethereum will be deployed, integrating the advantages of Huobi Ecological Chain and Binance Smart Chain low transaction fees and the advantages of the prosperity of the Ethereum ecosystem, to support the “dual mining mechanism” of liquid mining and transaction mining, which will enable it to achieve the maximum drainage effect and high-quality user experience. At the same time, it will promote the advantages of low slippage, fast speed, fund security, and optimal prices to quickly seize the market.
CERTIK, a US blockchain security audit company, has received millions of dollars in investment from Binance Labs. Established by scientific research teams from Yale University and Columbia University with decades of research results, it provides code security audit services for blockchain applications and smart contracts through “deeply standardized” formal verification technology. It also uses formal verification technology to provide the highest level of code security solutions for smart contracts and blockchain applications and protocols and has done security audits for well-known projects such as Binance in GIBXSWAP.
GIBXSWAP attaches great importance to blockchain security protection. While strengthening the security of the project itself, it has introduced CertiK to entrust it to conduct security code audits on smart contracts to escort the smooth operation of the project. GIBXSWAP is committed to eliminating security risks in every link. Their goal is to become the benchmark of the DEX platform. They hope to become the leading DEX platform in the token exchange market and provide real value and fairness and innovation for decentralized finance through high-quality products and services.
What has attracted the attention of the world is that GIBXSWAP launched a new decentralized currency “X”. The new currency is the core token of the GIBXSWAP platform, which can be used for voting, repurchasing, fundraising, trading, and earning coins. The emergence of “X” is mainly due to the gradual increase in the circulation of the original GUSDT market, and the market value urgently needs a larger carrier to achieve breakthrough growth; the market needs new currency to stimulate. The maximum supply of “X” is 1 billion, and the block reward: each block rewards 20 “X”s. The “X” open-source code is audited by professional organizations such as Ernst & Young and Deloitte, ensuring safety. At the same time, “X” supports the decentralized cross-chain transaction protocol of BSC, HECO, and ETH, and uses “dual mining incentives through liquidity mining and transaction mining”, which allows participants to obtain the greatest return and seamlessly integrate with the Binance and Huobi huge global traffic and head resources.
Only a professional and experienced team can make the platform more secure, stable, and efficient operation, and also make investors and users’ assets more secure. Digital asset investment enthusiasts need a safe, fair, open, and efficient blockchain digital asset trading platform! With the support of the world’s top teams, GIBXSWAP will gradually become a leading currency transaction and derivative transaction innovation model, providing several mainstream virtual digital asset transactions, a platform for investors’ needs.
Recently, the Defi star project GIBXSWAP released an audit report on the smart contract technology code. CertiK, the world’s leading blockchain security audit organization, participated in this code audit. CertiK relies on dynamic analysis, static analysis, and manual review to find potential security risks and possible production vulnerabilities and conduct a comprehensive review of GIBXSWAP.…