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Importance of auditors at the core of a DeFi protocol �

Presented by: Marc Weiss | @OxWeisss

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Defi Security Summit 2023

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INTRODUCTION

WHO AM I?

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  • Independent Security Researcher (Ambit Finance)

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  • Lead Senior Watson (Sherlock DeFi)

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  • Auditor (Paladin Security)

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STAGES OF A DEFI PROTOCOL

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DEVELOPMENT

TESTING SUITE

AUDIT

MAINNET/BOUNTY

How can a private auditor help in each of them?

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ROOT CAUSES OF HACKS IN A DEFI PROTOCOL

DEPLOYMENT SCRIPTS

EXTERNAL VECTORS

CONTRACT MAINTENANCE

LACK OF KNOWLEDGE

LOGICAL ERRORS

ARCHITECTURAL ERRORS

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“This is a quote, words full of wisdom that someone important said and can make the reader get inspired.”

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BENEFITS OF HAVING AN AUDITOR/RESEARCHER IN EVERY PROTOCOL

  • Expertise in War Rooms
  • Breakdowns of Bug Bounty reports
  • PoC building and testing
  • Much cheaper than paying a critical bounty
  • Security based approach on designing protocols

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BENEFITS FOR THE PROTOCOL

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Thank You!

Contact me for inquiries at: mweiss.eth@gmail.com

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Twitter: @0xWeisss