OINDAO Passes Smart Contract Audit

The smart contract behind the OINDAO, the OINStake, has recently passed its audit by a prominent blockchain audit company, Beosin (Chengdu LianAn Tech)!

With such growing popularity of the DeFi space, the security concerns regarding the handling of user’s assets and the responsibility of the projects to ensure a safe environment grow as well. We are excited in announcing today that we have successfully taken such measures to bring to you the most secure platform to leverage, stake, and farm yields through our stablecoin platform, the OINDAO.

Through working with a leading blockchain security company such as Beosin, we have been able to test our work and release OINDAO with confidence in its security. Our audit consisting of 13 major items, including Coding Conventions, Function Call Audit, Business Security, Reentrancy, Integer Overflow/Underflow of OINStake smart contract, the OINStake smart contract “has already obtained the audit result of Pass, and its audit rating is Distinction.” In evidence of Beosin’s thoroughness, their methods “adopts the Composite type for OINStake smart contract, including Formal Verification, Static Analysis, Typical Case Testing and Manual Review, etc.”

As OIN Finance develops more products, with amazing feature updates such as the full version of OINDAO that will bring ERC20 tokens on board to allow them to leverage their assets, mint their own stablecoins, and stack yields, we will always take the security of our user’s assets as one of our top priorities, and bring you the most secure defi platform possible.

About OIN Finance

OIN is a cross-chain layer 2 infrastructure that opens the door for all the blockchain assets to leverage the growing DeFi space. Starting with OINDAO, users can leverage their assets to create their own stablecoin, allowing new use cases and methods of incentive distributions. OIN will build the bridge technology to seamlessly integrate Ethereum and others to start into its ecosystem, opening up to all of the current DeFi space, leveraging their assets and providing yield stacking, mining pools, and more. The dedication to this end is reflected in a three-pronged mission: become the gateway into DeFi, promote the DeFi industry, and grow the DeFi Space to maturity.

About Beosin

Beosin, also known as Chengdu LianAn Technology Co., Ltd., the world’s leading Blockchain security company, established in March 2018, is committed to the ecological construction of Blockchain security, and the headquarter of Beosin is in Chengdu. The core members of Beosin team are composed of professors, post-doctors, and doctors from well-known universities at home and abroad who have been engaged in information security for more than 20 years, and cyber security elites who have worked in well-known enterprises such as Ali, Huawei, and 360. Beosin has received multiple rounds of investment from well-known institutions such as Qianhai FOF, Lenovo VC, Fosun Hi-Tech, Chengdu VC, Surfilter, Milestone VC, Vangoo Capital and Fenbushi Capital.

Taking the 4 major technologies of Network Security, Formal Verification, Artificial Intelligence and Big Data Analysis as the core, company has created “Beosin One-Stop Blockchain Security Service Platform” for the entire ecological security of Blockchain, providing Blockchain enterprises with comprehensive security services and supports such as Security Audit, Virtual Assets Traceability, AML(Anti-Money Laundering System), Security Protection, Threat Intelligence, Security Consulting and Security Emergency, to realize the full-life cycle security solution “R&D→Operation→Supervision” for Blockchain system.

Beosin takes the mission of “Making the Blockchain Ecosystem More Secure” and its vision of “Becoming the World’s First Blockchain Security Company” to continuously create advanced core technologies of Blockchain security and safeguard the security of global Blockchain companies.

To keep updated on our progress, follow OIN Finance at:

Homepage: https://oin.finance
Medium: https://medium.com/oin-finance
Twitter: https://twitter.com/FinanceOin
Telegram: https://t.me/OIN_Finance_Eng
GitHub: https://github.com/oinfinance/oin
E-mail: team@oin.finance