An updated look at DeFi audits and bug bounties

Quick TakeAs DeFi continues to grow, exploiting smart contracts will become more and more lucrativeWhile hacks are inevitable, reasonable efforts can be made to ensure that the likelihood of their occurrences is kept at a minimumSmart contract audit firms are facing unprecedented demand and this may eventually be a limiting factor for DeFi’s developmentBug bounties and automated auditing software are going to play a crucial role in ensuring the security of smart contracts