Place/Date: - September 5th, 2022 at 5:04 pm UTC · 3 min read
Source: Big Eyes Coin
Particularly within the DeFi community, security is of the utmost importance. Investors are interacting with these protocols through the use of non-custodial wallets. As a result, the responsibility for ensuring the safety of their funds rests solely on the investors’ own shoulders. Audits of smart contracts and know your customer procedures are not only required, but also a strong indicator of whether or not a crypto project intends to deliver lasting value to ecosystems.
Keep reading to learn more about Big Eyes Coin (BIG) and how it passed its audit security checks, just like PancakeSwap (CAKE) and Fantom (FTM).
On the Binance Smart Chain, PancakeSwap is both the top DEX (decentralized exchange) and the DEX with the most users. This produce farming utopia with a culinary theme was launched anonymously, and the smart contracts are open-source, so anyone can check them. Plus, they have undergone expert audits from a number of different firms.
The native token, CAKE, is made available to investors in exchange for liquidity and trades at a price a little above $4. Without a doubt, CAKE is one of the biggest and safest layered earning tokens in DeFi.
Fantom is a solution for scalability that can also handle smart contracts. a project that is a member of the new layer one group known as “The Ethereum Killers.” As one of the top-performing blockchains in the market, Fantom sets itself apart by using a DAG (directed acyclic graph) rather than a blockchain to process several transactions at once.
Numerous audits have been conducted on the smart contracts used by Fantom, as well as many of the smart contracts now in use on the network, including those used by SpookySwap. Consequently, investors may rest assured that their money is protected.
A new meme token called Big Eyes Coin (BIG) intends to establish its brand through the influencer market. It has a decent probability of being used by influencers and celebrities all around the world thanks to a solid design and marketing team and the personality of this token. Big Eyes Coin (BIG) intends to donate 5% of the tokens to organizations that promote the preservation of aquatic ecosystems and seas as part of its charitable endeavors.
Big Eyes Coin (BIG) has completed a Know Your Customer (KYC) process and has had its smart contracts reviewed, both of which are important checks for potential investors. Both SolidProof, a renowned German contract auditor, and Novos, a reputable blockchain technology solutions supplier, were employed by them to carry out these procedures.
Financial backers are not required to have faith in the protocol’s developers, as the code speaks for itself. Each and every result of these procedures has been made available for public inspection. Big Eyes Coin (BIG) has joined the likes of Fantom (FTM) and PancakeSwap (CAKE) in assuring complete security by optimizing their contracts in accordance with SolidProof’s suggestions.
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