Security

At Sage, security is our top priority as the DeFi landscape evolves and attack vectors increase. Below are the key security measures we employ to protect users and their assets.

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Smart Contract Audits

Multiple Independent Audits: Every smart contract deployed on the protocol will undergo thorough security audits from multiple independent, reputable audit firms. This ensures that vulnerabilities are identified and patched before the code is deployed on mainnet.

Continuous Audits for Updates: Regularly audit smart contracts after major updates or new feature integrations, ensuring ongoing security in an evolving landscape.

- Bug Bounty Programs

Incentivizing White-Hat Hackers: Launch a bug bounty program that incentivizes ethical hackers to identify and report vulnerabilities. Offering substantial rewards for critical vulnerabilities ensures that issues are identified and resolved before they are exploited.

- Time-Lock Mechanisms

Delaying Contract Upgrades: Implement a time-lock mechanism for contract upgrades and governance changes, providing a grace period before any significant changes take effect. This allows for full review and ensures any unintended consequences can be addressed before they affect the protocol.

- Layered Security Architecture

Multiple Security Layers: Ensure that security is baked into every layer of the protocol, from the user interface to the backend servers and the blockchain infrastructure itself. Use techniques like encryption, secure coding practices, and robust authentication methods to prevent unauthorized access and mitigate risks.

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Building Trust with Transparency

- Open Governance

Engage the community in the governance process, allowing stakeholders to participate in discussions and decisions related to protocol upgrades and security enhancements.

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Emergency Response and Incident Management

- Disaster Recovery Plans

Create a clear disaster recovery plan, including steps for halting transactions or freezing funds if a breach occurs. Communicate effectively with users during incidents to provide transparency and reassurance.

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Regulatory Compliance and Best Practices

- Adhering to DeFi Security Standards

Follow industry security standards and guidelines from organizations like the DeFi Alliance and the OpenZeppelin framework to maintain best practices and ensure continual improvement in security.

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Check out our latest Audits

Audits

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If you have security feedback or concerns, please contact [email protected] or an admin on our official Discord.