MethLab Security Methodology

SUMMARY

MethLab's multi-layered approach to security. Learn how the protocol tackles security at each level. We will release documentation and findings from each step. Follow this page for latest updates and releases.

MethLab follows a comprehensive, multi-layered security approach. Our primary goal is to safeguard our users' assets while maintaining a seamless and efficient user experience. This document outlines our security methodology.

Architecture Design and Review

Step 1: Architecture Formulation

• Creating a resilient and scalable system, integrating best practices in smart contract development.
• Key components: risk assessment models, collateral management, and abstractions.

Step 2: Expert Review

• Review by external experts in DeFi.
• Scrutinization of architecture for potential vulnerabilities and scalability issues.

Step 3: Bug Bounty Programs

• Engage the wider community through bug bounty programs.
• Incentivize the discovery and reporting of vulnerabilities, further strengthening the security of the protocol.

Post-Deployment Monitoring and Maintenance

Step 4: Mainnet Launch

• The protocol is deployed on the mainnet.
• Maintnet Testing of all cases for final verification.

Step 5: Ongoing Audits and Updates

• Commit to regular audits even after deployment.
• Stay up-to-date of any security related disclosures.