🔓Safety

The Ring places the highest priority on the security of its smart contracts, which are foundational to the trust and functionality of the entire protocol. To ensure that these contracts operate securely and as intended, the protocol adopts a rigorous security framework:

• Internal Audits: The Ring smart contracts are subject to thorough internal audits. These audits are conducted at multiple stages of the contract lifecycle—initial development, after any significant updates, and periodically throughout their operation. The aim is to identify and rectify potential security vulnerabilities before they can be exploited.

• Formal Verification: Beyond traditional testing and auditing, The Ring employs formal verification methods to mathematically prove the correctness of contract algorithms. This process ensures that the contracts will behave as expected under all conceivable conditions, providing a higher standard of security assurance.

• Continuous Monitoring and Updating: Security is an ongoing concern; hence, our team implements continuous monitoring systems to watch for anomalous behaviors indicative of new vulnerabilities. Smart contracts are also designed with upgradeability in mind, allowing for swift response and implementation of necessary changes without compromising on decentralization.

Contracts:

Token: Staking: Treasury: