OpenZeppelin Introduces DeFi Automated Application Build Platform

Audit firm OpenZeppelin unveils Defender open source platform for automated creation of decentralized finance applications (DeFi).

OpenZeppelin CEO Demian Brener (Demian Brener) reported, what the Defender infrastructure allows safely automate the work of smart contracts. This greatly speeds up the creation of applications., usually takes several months for developers. Defender supports level 1 and 2 smart contracts, as well as sidechains. The platform is already being tested by Aave decentralized finance projects, Compound Labs, dYdX и Balancer.

Defender software aims to, so that developers do not have to "reinvent the wheel" when working on each project. Building your own tools from scratch or writing code in a hurry carries enormous risks, especially if firms are keen to get their product to market as soon as possible.

Props CTO Peter Watts (Peter Watts), who took part in platform testing, said, that working with smart contracts requires a lot of effort. Defender will "make life easier" for developers and help avoid mistakes, human factors, and the management of smart contracts will become easier and safer.

Многие приложения DeFi на базе Эфириума уже столкнулись с серьезными проблемами из-за отсутствия аудита смарт-контрактов или возникновения уязвимостей. A few days ago, hackers managed to carry out an attack on the Harvest Finance protocol and withdraw cryptoassets worth $25 million. In August, the YAM Finance project was closed due to a critical error in a smart contract, allowing for the unintended issuance of YAM tokens. YAM Finance Developers Announced Post-Audit Relaunch In September.

Recall, that a year ago, OpenZeppelin launched a library of proven smart contracts in partnership with Microsoft Corporation.