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2/2 November De.Fi Development Update

Table of Contents

Hi Farmers!

These weeks we were working on the Cross-Chain Asset Management Dashboard and the Advanced Safety Toolkit.

To amplify how it’s important to stay safe in DeFi we recently sent a newsletter to our subscribers where we explain how all the hacks and scams in November happened.

To not miss the next newsletter subscribe here –

And now, let’s dive into the updates!

The Table of Contents

🤖 Cross-Chain Asset Management Dashboard
🥳 Integrations
✅ NFT Beta Access
🔧 Community Requested Audits
Gitcoin Grant Lauch
💻 Audit Database
👾 REKT Database
🛡 Investing Strategies
👀 DeFi Insiders
🥳 What’s Next?
💙 Community

🤖 Cross-Chain Asset Management Dashboard

🥳 Integrations

As always, we are proud to announce new integrations.

Now you can track your Profit and Loss, balances, prices, deposits, pools, and more on 11 chains.

These include: Moonriver, Polygon, Heco, Fantom, Ethereum, Binance, Avalanche, Arbitrum, Harmony and Celo.

Also, recently we integrated SushiSwap on Fantom, Celo, Polygon, xDai.

We appreciate community feedback, so if you want to see a chain we have not integrated yet — feel free to share your refinements suggestions in our telegram chat.

✅ NFT Beta Access

What do you think — NFTs are a bubble or they are going to become a solid component of DeFi? We posit — NFTs have room to grow and develop. We support the diversity in Web3.0 so we are announcing our NFT Integration with pleasure.

Now you can track your NFTs with the https://de.fi/nft !

Simply go to https://de.fi/, connect your wallet and view your NFTs!

🔧 Community Requested Audits

We’re happy to commit the security safeguarding in DeFi by performing community requested audits! The Convex Finance Audit is finally Out!

Check the full audit reporthttps://de.fi/audit-database/de.fi/convex_finance

Independent audit is an audit requested by the DeFi community and performed with an unbiased approach that follows De.Fi`s single security check standard for all projects and listing all risks revealed.

Executive summary:
✅ 21 smart contracts audited;
✅ Security score — 73.6%
✅ 53 Low risk. 41 info, 6 medium risk issues found;
✅ No critical severity issues found.

Check the full audit reporthttps://de.fi/audit-database/de.fi/convex_finance

Conclusion:
Most of the vulnerabilities found refer to the Solidity Best Coding Practice category. But a few significant issues were detected as well: a privilege EOA can replace addressed inside 3 smart contracts.

We’re glad to extend the database with a Convex audit.

Request a Fast-Track Audit — https://de.fi/request-audit
Upvote a Community Audit — https://roadmap.de.fi/audits-request

De.Fi on Gitcoin

De.Fi is reaching the next phase!

Check us on https://gitcoin.co/grants/3616/de.fi-the-only-safe-yield-farming-platform 🤩

We’re ready to present our game-changing concept of uniting all the products in an even more simple interface — and we need your support.

We’ve made a long way and we are going to continue our life-long journey in DeFi.

On our Gitcoin grant page https://gitcoin.co/grants/3616/de.fi-the-only-safe-yield-farming-platform, we described our grand plan — and what do we need to make it work 🦾

Join us — join the revolution of DeFi!

💻 Audit Database

Not only we added our 59th audit of Convex Finance but also uploaded 150 new DeFi Audits.

230 pages of audits — free to use for you!

Check out right now at https://de.fi/audit-database

👾 REKT Database

November culminated with 75M+ Funds Lost due to scams and hacks. Our Solidity experts are here to explain!

More details in the REKT Database.

👾 Squid Game — Exit Scam — 18.2M Funds Lost | 01.11.2021

All 3 contracts: SQUID, Marbles, and MasterChef were upgradable.
MasterChef’s new implementation made it possible for the 0x71 EOA to withdraw all tokens from the MasterChef contract. 2 unverified smart contracts were used to sell SQUID tokens.
More in the REKT Database →

👾 Vesper Finance — Exploit — $3M Funds Lost | 02.11.2021

The attacker: swapped ETH — USDC — VUSD on the Uniswap v3, added liquidity into the “infinity” price range using 0 VUSD and 0.1 USDC, deposited VUSD as collateral, and swapped stolen assets on ETH.
Last, deposited ETH into a Tornado Cash mixer.
More in the REKT Database →

👾 bZx — Access Control — 47.6M Funds Lost | 05.11.2021

The private key, controlling BSC and Polygon deployments was compromised. The attackers started transferring ownership of the core bZx contracts.
The same method was used on the Polygon chain.
More in the REKT Database →

👾 Blizzard — Exploit — 1.1M Funds Lost | 13.11.2021
The insider attack was performed by 2 team members: front-end and back-end developers.
Developers had access to the key contracts as they were members of a multisignature account, which requires only 2 signs.
More in the REKT Database →

👾 Snowdog — Access control — 16.4M Funds Lost | 26.11.2021

The project planned a buyback event for their native token SDOG.
The address, which earlier received funds for buyback from the contract deployer address added liquidity to push the price up.
To avoid frontrunning and bots’ activity and prevent token sales, the team behind Snowdog restricted early sales. They started selling before the team opened access for all users.
More in the REKT Database

These and 7 more REKT cases explained — https://de.fi/rekt-database

🦿 Investing Strategies

Our email subscribers already received a recap of all the investing strategies we recently shared.

And we also want to share the list to you 😃

Here’s the top-5 short money-making videos!

1. Polygon Yield Farming strategy on SushiSwap.
2. Harmony Yield Farming strategy on SushiSwap.

3. How does Avalanche work and how to stake $AVAX to get profit.
4.How to profit off one of the most trustable protocols in DeFI.
5. Sushi but made on xDai — is it profitable to farm on xDai.

🥳 What’s Next?

In short — more and more!

We’re working hard on the new integrations, new features and more.

These weeks we dedicated time of devs to work on the Explore Opportunities feature — soon we will satisfy community request to view our #dailyAPY directly on the dashboard!🤩

Also, we don’t abandon commenced earlier development milestones — we’re working on the Advanced Automatic Smart Contract Audit Scanner, DFY Shield and more.

And, to give you an idea about our backlog — we improved our Impermanent Loss Calculator!

For now, we will not reveal the update, but if you stick with us — you will be one of the first to test the V2.0 of the IL calculator!

💙 Community

No doubts, our community is the best!

We unite more than 30k investors around the world that are eager to have big gains. And we’re here to help with it.

Almost 3000 new members joined us recently.

We hope that building De.Fi DAO will be a fascinating process and eventually we will reach a fully community-driven governance.

Join us on twitter and telegram and stay safe.

Check our guides:

Tezos Ultimate Yield Farming Guide [Infographics]
Solana Network Ultimate Yield Farming Guide [Infographics]
Fantom Network Ultimate Yield Farming Guide [Infographics]
Huobi ECO Chain Ultimate Guide for Yield Farming
Polygon Network Ultimate Guide for Yield Farming
Binance Chain Ultimate Guide for Yield Farming
EOS Ultimate Yield Farming Guide
Arbitrum Ultimate Guide [Infographics]
The Ultimate Yield Farming Guide For Terra Blockchain (Luna) [Infographics]
The Ultimate Guide to Avalanche Network
Ultimate Guide to Yield Farming on Harmony (with infographics)
Ultimate Guide to Tron Network [Infographics]

Good luck in farming!

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