BullPerks Smart Contracts Audited by Hacken, Confirmed to Be Secure
BullPerks smart contracts are certified secure following a successful audit by the blockchain security firm, Hacken.
BullPerks Smart Contracts are Secure
In a medium post on June 15, Constantin Kogan, the founder of the decentralized venture capital and a multichain launchpad, said Hacken thoroughly tested BullPerks’ smart contracts, performing several penetration tests to test the efficacy of hacker’s strategies on different vectors.
Specifically, tests were all-round, touching on its architecture and process flow.
The Hacken team also carried out tests to check whether there were vulnerabilities in the code functionality.
Others steps involved computer verification using Mythril and Slither.
Findings from the automated checks were manually reviewed. If fragilities were identified, the analyzing team forwarded them to the audit overview section.
Some of the checks done included a review on whether code was open to reentrancy attacks.
In the past, hackers have used this vulnerability in audited code deployed by some DeFi creators to devastate users.
Other tests included checks on ownership takeover, gas limits and loops, data consistency, unchecked external call, user balances manipulation, and more.
During the first pass, the security team found two information issues.
However, there were no critical or severe issues that could affect code functionality, jeopardizing the security of user funds.
That Hacken was satisfied with their tests, giving BullPerks’ code a clean bill of health is a major boost considering their ambitious plans.
IDO and BullPerks’ Value Proposition for Blockchain Projects and Investors
As BTCManager reported, BullPerks allocated $90k under their Whitelist marketing campaign ahead of their IDO, which would take place on three launchpads– Zeroswap, Trustpad, and BSClaunch.
Each launchpad was allocated 1.5 million BLP tokens for the IDO. BullPerks announced winners of the $90k whitelist campaign on June 15.
The campaign’s goal was to increase its private sale allocation, allowing more of its members to participate.
The team is currently waiting to launch on PancakeSwap, ushering in a new era of decentralized venture capitalism and fairness.
Using the protocol, projects can quickly raise funds with support from BullPerks in marketing, public relations, advisory, and more.