Security
Last updated
Last updated
DegenPrime is for true Degenerates. The Degen Account, its AI and Memecoins, and leverage on top of that - it's all very degenerate. In the Degen Account, Degens are given all the tools to go as hard as their inner misfit desires.
That is, up to a certain point. Degeneracy is second only to security on DegenPrime. Our main and top priority is security and we don't compromise on that.
DegenPrime is, for the main part, a DeltaPrime fork. Its core is similar. DegenPrime was created after DeltaPrime's dark age, in which a group of North Koreans infiltrated the protocol and left behind a trail of bugs in the code, which was followed up with 3 hacks in quick succession. After this, DeltaPrime went in full lockdown, with everything paused until the full codebase was completely and granularly audited. For a period 7 months, DeltaPrime's roadmap was halted, and replaced with a roadmap focused on only one thing only: security.
So when we say that security is a top priority, we mean it. We'd encourage anyone to fully read through the security measures. Either way, here is a quick summary:
: Preventing any bad debt from degenerate activity.
: Ensuring Degen Accounts can't get themselves liquidated.
: Separating each Degen Account with a designated wallet.
: Maintaining asset quality and protecting from rugs.
: Limiting the exposure to specific tokens.
: Upholding quality of integrated protocols.
: Preventing price manipulation.
: Provides a window to respond to any malicious activity.
: Dual-system approach for price feeds.
: Non-exhaustive list of security measures for comprehensive internal security.
: External security partners and their expertise.
: All externally performed audits on the DegenPrime codebase.