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Shiba Swap Maintains a Secure Rating on CertiK's Skynet Verification

ShibaSwap Maintains Strong Security Ratings on CertiK's Skynet, Demonstrating Robust Defenses in Ethereum Network and Shibarium Expansion, with Full Audit Details Available.

CertiK's Skynet platform rates ShibaSwap with a top security score
CertiK's Skynet platform rates ShibaSwap with a top security score

Shiba Swap Maintains a Secure Rating on CertiK's Skynet Verification

ShibaSwap, the decentralized exchange platform for the popular Shiba Inu cryptocurrency project, has received a top-tier score on CertiK's Skynet platform. The platform's security standing is continuously monitored by CertiK's Skynotation, a service that assesses blockchain projects' security across various categories.

According to the Skynet dashboard, ShibaSwap's Community and Governance scores stand at a robust 98.00 each. The high score serves as a positive indicator for the platform's security, reflecting the strength of its community and governance structure.

The Fundamental Health of ShibaSwap is rated at 83.00. The notation of "13, 1, 0, 0" under "Fundamental" on the Skynet dashboard typically points to historical or informational findings from past audits. These findings, while not affecting the current security status, offer insights into the platform's evolution and improvements over time.

The Market stability score of ShibaSwap is a commendable 96.00, indicating a strong and resilient platform. The platform's Code Security score is 89.29, demonstrating a high level of security in the native token contract on Ethereum.

ShibaSwap's commitment to security extends beyond its Ethereum deployment. The developers are expected to carry over this commitment to ShibaSwap's Shibarium operations, a Layer 2 solution aiming to offer lower transaction fees and faster processing times. The security of Shibarium iteration will be a key focus for the platform's community.

While no direct or specific search results are available on the current security features or ratings of ShibaSwap on CertiK's Skynet platform, particularly for the categories of Community and Governance, Code Security, Operational Security, and Fundamental Health, it is best to visit CertiK Skynet directly and look up the ShibaSwap project on their official platform (skynet.certik.com) for real-time audit results and scores.

The Operational security score of ShibaSwap is 87.10, as indicated by the Skynet dashboard. While no system can be entirely immune to future threats, the ongoing favorable assessment suggests a commitment by ShibaSwap's developers to security.

ShibaSwap offers users a suite of tools including "DIG", "BURY", and "SWAP" various cryptocurrencies. The platform serves as a decentralized exchange platform for the Shiba Inu cryptocurrency project, originally launched on the Ethereum blockchain as a decentralized finance (DeFi) hub.

CertiK's Skynet provides a more current and dynamic snapshot of ShibaSwap's security standing. The high overall "AA" rating suggests that any critical vulnerabilities previously identified have likely been addressed or are not currently impacting ShibaSwap's security status. However, it is always advisable to stay informed about the latest security updates and developments on the ShibaSwap platform.

  1. The high Community and Governance scores of 98.00 each on ShibaSwap's CertiK's Skynet dashboard indicate a strong structure in these areas, contributing to the platform's overall security.
  2. ShibaSwap's Code Security score of 89.29, as shown on the Skynet dashboard, demonstrates a high level of security in the native token contract on Ethereum, ensuring the safety of investing in Shiba Swap tokens.
  3. Extending beyond its Ethereum deployment, ShibaSwap developers are expected to prioritize security in their Layer 2 solution, Shibarium, which aims to offer lower transaction fees and faster processing times.

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