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Algem Achieves Another Security Milestone with Dedaub Code Audit

Algem Achieves Another Security Milestone with Code Audit by Dedaub: Learn how Algem is ensuring the security of its platform with a recent code audit conducted by Dedaub.

At Algem, we prioritize the security of our platform and the assets of our users. That’s why we engaged with Dedaub, a leading auditing firm in the crypto industry, to conduct a thorough review of our code. Although we already received a positive assessment from Quantstamp, we wanted to make sure that our security measures were up to par. We wanted to ensure that our platform is built on a solid foundation of security, and that our users’ assets are protected from potential threats.

Dedaub is known as one of the top blockchain auditing companies and has played a role in securing some of the most prominent crypto projects. Their client list includes Ethereum, Ledger, Yearn Finance, Chainlink, and more. The company’s attention to detail and thorough analysis have made its certificate of approval a significant accomplishment for Algem.

As part of the audit, Dedaub delved into the following components of our platform:

  • nASTR Token
  • nASTR Liquidity Hub
  • Liquid Staking Multipools
  • Arthswap Contracts
  • Zenlink Contracts
  • NFT DeFi Contracts

Read the full audit report by clicking below

Algem Diamond Refactoring Smart Contract Security Assessment by Dedaub

Closing Thoughts

Security is at the forefront of everything we do at Algem. We believe that it is essential to the success of our platform and to the trust that our users place in us. By engaging with leading auditing firms and implementing multiple layers of security, we are working to ensure that our platform is safe, secure, and ready to support the growing needs of the crypto industry.

About Dedaub

Dedaub has a reputation as a leader in the global crypto ecosystem, with over 100 audits completed and more than $5 billion in assets secured. Their team of experts and advanced analysis tools allow them to conduct comprehensive and in-depth testing of smart contracts and crypto projects.

About Algem

Algem is a decentralized application built on the Astar Network and offers two main features: liquid staking and liquid lending. As their names suggest, these two options let ASTR holders keep their assets liquid while putting them to work. Also, the liquid staking and lending solutions let users use Algem’s liquid nASTR tokens across Astar’s Defi ecosystem to earn staking rewards and make more money. In doing so, Algem supports other Defi protocols by providing liquidity and creating a sustainable and cooperative ecosystem on the Astar Network and Polkadot.

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