on STUSDT
StUSDT Publishes Security Audit Report by ChainSecurity and Whitepaper
Singapore - July 9, 2024 - stUSDT has announced a partnership with security audit firm ChainSecurity. A comprehensive audit of its smart contracts was conducted, and the complete report and whitepaper are now available on stUSDT's official website. This move emphasizes stUSDT's commitment to user asset security and reinforces its position as a reliable platform for real-world assets.
ChainSecurity, known for auditing key industry players like Ethereum Foundation and Uniswap, found no critical risks in stUSDT's smart contracts. Following this, stUSDT upgraded its contracts on June 24 and continues to monitor the system for smooth operations.
The whitepaper details the stUSDT protocol's architecture, design, and governance, showcasing its secure infrastructure designed to protect user assets. The platform, operating via JustLend DAO, has successfully connected retail and institutional investors, achieving a TVL of $269 million and an APY of 4.66%.
R. E.
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