Cryptocurrency

Top Shiba Inu Team Member Shares Exciting Shibaswap News

Some exciting news has come from the Shiba Inu team. Lucie, a Shiba ecosystem official and prominent community member, announced on X that the Shibaswap CertiK audit page has been moved to a new URL.

Certik is one of the top security companies in the industry. They perform security audits on blockchains, classify vulnerabilities, and provide solutions. A high-security score is a stamp of approval in the crypto world.

Lucie gave a shout-out to the teams at CertiK and the Shibarium Discord. She commended them for actively addressing issues on the CertiK website and squashing bugs.

Read Also: Shiba Inu (SHIB) Regains AAA Security Rating On CertiK. Here’s the Significance

She attached a screenshot showing that Shibaswap had a 90.05% trust level. At the time of writing, the score had gone up to 90.17. This real-time security score is calculated based on a combination of on-chain and off-chain data.

The Shibaswap Audit

Shibaswap is ranked #79 based on its security level and is in the top 10% of the crypto industry. The breakdown of Shibaswap’s security score is:

  • Fundamental Health: 73.75
  • Operational Resilience: 92.94
  • Governance Strength: 93.91
  • Market Stability: 95.72
  • Community Trust: 92.90
  • Code Security: 93.04

The audit also found 34 issues. The team has resolved 33 of these and partially resolved the final one.

Read Also: Top Shiba Inu Proponent Emphasizes the Need For Decentralized Distribution of SHIB, BONE, and LEASH

The Fundamental Health category is the lowest score on the list but still well above average. All other scores are ranked as excellent. The Code Security score is an impressive one. CertiK found only 8 major bugs and 1 minor bug in the code and resolved them quickly. All other bugs were minor and informational, and there were no critical bugs in Shibaswap’s code.

This update isn’t just about safety, it’s also about trust. CertiK has the trust of the entire crypto industry, and they have given Shibaswap a glowing review. The review translates directly to trust from crypto users. It also shows the team’s commitment to fixing problems and keeping their users safe.

As the popularity of Shiba Inu grows, users need to have faith in Shibaswap and all the services it offers. The CertiK audit has shown that it is safe and trustworthy.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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