Octopus Protocol Successfully Passes the Audit by Armors Labs

The Octopus ecosystem is beaming with announcements and developments. We successfully completed our IDO on Bounce Finance and have collaborated with several industry players, thus boosting the overall growth of the Octopus Protocol.

We are pleased to announce that the OPS token smart contract excellently passed the smart contract security audit performed by Armor Labs.

Here’s the link to the full audit report by Armors Labs: https://docsend.com/view/cdiri9wyzrw4eh36

A prominent blockchain security service provider to thoroughly assess and examine the security of smart contract and blockchain solutions. Armors Labs has established a security partnership with OKEx Chain, and possesses more than ten years of experience in the building and safe operation of over 100 million Internet products.

We are building a solution for synthetic assets on the Binance Smart Chain (BSC) network and it is important for us to secure the smart contract. All that to make the ecosystem more robust and resilient. The audit performed by Armor Labs assessed the code and the underlying structure of the Octopus Protocol. The results of the in-depth code audit were deemed as ‘Passed’ on 9th June 2021.

The audit takes into consideration the assessment from several vulnerabilities, including Denial of Service (DOS) attack, entropy illusion, external contract referencing, and more. The Octopus Protocol successfully passed the audit without any issues, thereby marking another milestone and establishing credibility to the protocol. The successful audit also brings more confidence to the Octopodes community and gives a confirmation that the code behind the platform is up to the standard mark.

About Octopus Protocol

Octopus Protocol, a robust DeFi protocol built on the Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets. Leveraging the technological innovation of blockchain, Octopus Protocol facilitates a platform that offers unparalleled access and exposure to real-world assets, thereby enabling a fair way to engage with synthetic assets and giving equal opportunities to access derivatives.

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