2021! The 12 months has been nothing at all considerably less than a rollercoaster trip. Past year, we wrapped up 2020 adapting to the new “normal” and as 2021 ends, we’re however grappling with it.
At ImmuneBytes, we commenced 2021 with our mission to secure DeFi and facilitate the mainstream adoption of blockchain technological know-how by way of our protection products and services. Considering the fact that our inception, we have secured over 2.2 billion USD well worth of digital property and experienced about 135 engagements with DeFi tasks, foundations, enterprises, and more.
In 2021, we expert development and gratitude. This site will emphasis on our achievements, stability providers, and approaches we have had the prospect to impact the blockchain community.
Securing Best DeFi Assignments
In 2021, the overall benefit locked in DeFi jobs rose from all-around $14 billion to an all-time high of $253.94 billion on November 3. And with that, it is also to be noted that DeFi hacks also plagued the ecosystem this 12 months. Above $10 billion was stolen owing to hacks and thefts across numerous protocols.
2021 presented us with the opportunity to do the job with some of the known names in the community and it’s been almost nothing but thrilling! Our clientele circle now encompasses in excess of 95 blockchain and DeFi initiatives, enterprises, and far more!
Here’s mentioning some of our largest initiatives of 2021.
TrueFi is a DeFi protocol for uncollateralized lending, driven by the initial-at any time crypto-indigenous credit history scores and governed by holders of the TRU token. The Full Price Locked in TrueFi stands to be $894.9 million.
ImmuneBytes performed an audit for the SAFU (Secure Asset Fund for Consumers) and LP (Lending Pool) Staking Gauge (MultiFarm) smart contracts for TrueFi v3, which is a sequence of upgrades to the initial TrueFi specification.
ImmuneBytes received the opportunity to complete an audit for Boson Protocol which, beginning with metaverse commerce, is a decentralized network on which long term commerce will run. The protocol permits its customers to provide physical products in the metaverse. The present marketplace cap of Boson Protocol faucets at $100.99 million.
Just one of the A-League assignments we experienced the option to accomplish an audit for was MahaDAO’s ARTH2.. $ARTH is the world’s very first non-depreciating currency! A future-gen revenue that retains its getting electricity irrespective of which direction the sector moves in. The Total Price Locked in $ARTH, at the time of composing, stands at $870,231.13.
ImmuneBytes audited the ERN agreement for Ethernity. Ethernity is a electronic platform that creates authenticated limited-version NFTs and buying and selling playing cards designed by your preferred artists and endorsed by notable figures. The existing market place cap of Ethernity is above $115 million.
We also partnered with Niftify and carried out an audit for them, securing their system and facilitating them additional on their path to come to be a market chief with a powerful neighborhood of NFT lovers, collectors, traders, and enterprises. Niftify is an all-inclusive system that normally takes NFTs out of their infancy and brings out their correct likely to the entire world.
This 12 months, we also audited the wise contracts for Retreeb, a new decentralized way to pay back! It is a simple, practical, and cost-effective system that disorders its people to a improved distribution of benefit with no any additional expenses. The current market capitalization for TREEB currently stands at more than $28 million.
Polytrade provides protected and insurance policies-backed actual-earth assets to the crypto entire world. ImmuneBytes experienced the chance to function with them and contribute to their mission of offering serious-globe borrowers, obtain to low interest and swift financing. Polytrade’s latest marketplace cap is over $6 million.
Previously mentioned described are some of the A-league jobs we audited. And just like 2020, we manufactured it a place to develop our horizon and operate with jobs and enterprises that offer with the different sectors of decentralized finance these kinds of as NFTs, Lending protocols, tokens, and a lot more.
Hear it from our purchasers
Listed here are a handful of of the several sort words and phrases from our clientele:
We’re eternally grateful to all our clientele for remaining the most wonderful individuals to get the job done with and seem ahead to exploring any potential opportunities with them!
ImmuneBytes at the WBS 2021
A person of the most surreal ordeals that we experienced this year was attending the 19th Earth Blockchain Summit 2021 in Dubai, UAE.
The Summit introduced alongside one another some of the world’s major crypto influencers, policymakers, essential governing administration delegates, media, and other curated buyers among other people to foster the crypto and blockchain local community throughout the globe and we were additional than delighted to be a element of it!
The WBS 2021 arrived at the appropriate time and gave us the a lot-wanted publicity to span out and increase our network of clientele/partners. The ImmuneBytes team was humbled to meet up with some of the industrial leaders and influencers and even had the chance to chat about our long run ventures, on which they intend to keep an eye.
We had the greatest time at the Summit and count it as just one of our most significant achievements to day. We glance ahead to a lot of a lot more these types of ordeals in the coming many years!
Starting of our Bug Bounty System
The ImmuneBytes Bug Bounty has been in conversation for the entire of 2021 and we’re glad to announce that it has now achieved its last levels!
The Bug Bounty platform is all established and all set to be released in 2022. Now, we’re offering it a remaining brush of testing to guarantee the platform is clean and simple to use for our customers. With this Bug Bounty system, we aim to provide alongside one another the community’s initiatives and enterprises, and the hackers and stability pros to supply DeFi an additional layer of safety!
The Journey Carries on
We started ImmuneBytes with our main concentration on auditing clever contracts. Now, our stability offerings involve auditing NFT projects, auditing token contracts, auditing elaborate DeFi initiatives, penetration testing, and far more.
We are spanning out our business with the start of ImmuneBytes Bug Bounty following year and the talks for an insurance coverage giving merchandise have by now been in the pipeline for a whilst. We glimpse ahead to performing with even larger and far better jobs in 2022 and hope to offer our customers the exact same level of fulfillment with our foreseeable future ventures as nicely.
Our high quality of perform has allowed us to get paid the have faith in of our customers and the community. We are certainly honored and with that, we bid goodbye to 2021 with the promise of persistently executing much better and striving ahead!
Wishing you all a incredibly Satisfied New Year!