Smart contracts

Introduction

We can not overemphasize the importance of the smart contracts backing your trading system, thus we use the tried and tested Seaport Protocol developed by the Open Sea team.

Security

Smart contract security is paramount in the world of blockchain technology. Ensuring the robustness of smart contracts is not merely a best practice; it's an absolute necessity. Rigorous code auditing, thorough testing, and adherence to established security standards are essential steps to safeguard against potential exploits or vulnerabilities.

By prioritizing smart contract security, you not only protect your assets but also contribute to the broader trust and adoption of blockchain technology.

Auditing and Testing

By extension, all the auditing and testing that went into the Seaport Protocol applies to the marketplaces running on our platform.

Interacting with Smart Contracts Safely

When interacting with blockchain smart contracts in general, please consider these essential measures:

• Understand the contract's purpose, code, and potential risks before interacting with it.

• Only use well-known platforms and wallets to access smart contracts.

• Check the contract's code on the blockchain explorer to confirm its authenticity.

• Verify contract and wallet addresses to prevent sending to the wrong destination.

• Securely store private keys and wallet recovery phrases.

• Restrict access to your wallet and never share private keys.

• Stay updated on contract changes and potential vulnerabilities.

• Review transaction details carefully before confirming.

• Avoid phishing websites or emails that impersonate legitimate services.

• Be wary of high-risk contracts and potential exit scams.

• Look for audits by reputable firms to assess contract security.

• Know how to take action if a smart contract behaves unexpectedly or maliciously.

Remember that blockchain transactions are irreversible, so caution and due diligence are essential when interacting with smart contracts.