Solidproof is a network introduced to help in bolstering Defi trust. This platform launched in mid-2021 and has already been a major part of Defi audits.
Yet, Solidproof has been doing manual audits. Manual audits are auditing done with people, by bare hands. While manual audits are reliable, they are often too slow and sometimes inaccurate.
Solidproof began plans to launch an auto audit tool. So, what is an auto audit tool? How do they work? How will Launchpads use this platform? Keep reading for more.
The Solidproof auto audit tool is an algorithm feature created to ease Defi audits. Generally, the tool completes the audit services without requiring manual work.
Solidproof’s audit tool will be launching soon to improve the audit services in Defi. So, what are the benefits of the auto audit tool in Defi projects and launchpads? Here are a few pros;
Crypto launchpads and Defi projects have a huge chance of benefiting from the tool. But how? There are two major ways including;
Accepting Solidproof as Their Auditor
The primary most fundamental way is by accepting Solidproof as their auditor. Every launchpad has a list of Defi auditors whose audits they trust. All projects listed on the launchpad often get an audit from their trusted auditor. Hence, Launchpads should start accepting Solidproof as their trusted auditors. After obtaining Solidproof, they can propose the tool to upcoming Defi projects.
Projects Can Embed the Tool
Defi projects and launchpads can also embed the auto tool. Although this tool will be on Solidproof’s website, other projects can attach the tool. Embedding this tool means having a direct link.
A new project would have to visit Solidproof’s website to access the tool. For that to happen, the project must have heard about Solidproof from somewhere. Yet, once the launchpads attach the tool, a Defi project will just follow the link.
Due to the attached tool, Defi projects will have increased trust in the launchpad. The trust of presale participants will also increase. But, where can the projects put the auto tool link?
The auto audit tool is going to be the primary center of service provision in Solidproof. Yet, it begs the question of how upcoming Defi projects can use this service. The steps for anyone to use the auto audit tool are as follows;
As this auto tool launches, some may think that it replaces manual audits. Yet that is not at all the case with Solidproof.
After the auto audit, Solidproof will do manual checks if the project requests. Thus, this platform will strengthen the validity of its report by conducting two audits.
What the audit feature brings is the speed in auditing. Projects will not have to wait for weeks to get their audit report which could be negative. The tool works fast, releases the report, and developers can work on the changes.
This guide has been looking into the process of auditing in Defi projects. Generally, it’s one of the most important steps before any project presale. Normally, many platforms have been providing solutions to effective Defi smart contract audits. Solidproof introduces its auto audit tool.
An auto audit feature is a smart tool for auditing smart contracts automatically. This tool does not need human support. Instead, it does the entire audit using algorithms. It introduces more accuracy and efficiency in auditing.
Solidproof makes it possible for projects to embed this tool in their sites. Attaching will simplify the works for Defi projects and launchpads.
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