๐จSecurity
Our first priority is security!
AUDIT
Our goal is to create a secure platform for everyone.
This is why in our roadmap we have planned many audits.
This is a review of the smart contract to make sure that the code running the protocol is safe, preventing the team from exploiting it and also third-party attacks.
Our team will continue getting more auditor firms onboard to audit our codes as we continue building out our platform.
A part from the fund raised during the presale will be used to pay our first audit.
Our community will choose the Auditors through a vote on our discord soon.
MultiSig
The PROMETHEUS treasury contract is guarded by a 3 of 5 multisig.
Multi-signature dilutes the power a single person has over the protocol. It makes sure that no single person can authorize a transaction. The supply of tokens in the treasury can only be moved if all the people included in the MultiSig authorize it.
Any transaction must be approved by at least 3 signers of our team, of which we have 5 signers in total. Meaning no one member on the team can be in complete control of the protocol's funds.
The 5 signing addresses for the PROMETHEUS treasury will be announced before launch.
NO EXTRA MINT OR HIDDEN TOKENS
The $PRMTS smart contract has NO ability to mint extra tokens nor can the supply be manually increased or used in an artificial way to change the initial supply by awarding ourselves free tokens.
NO RUG PULL
Liquidity will be locked which cannot be touched or released early. (This means that you as a token holder will ALWAYS have the freedom to buy/sell whenever you like without restrictions or complications - your tokens that you buy are yours and remain in your wallet always and are never 'locked').
NO BOTS
All front run and sniper bots will be instantly blocked by the $PRMTS smart contract by the blacklist feature. Our smart contract cannot block normal wallets, only contracts & bots.
Transparency
Part of what motivated us to create this protocol was having a project that was fully transparent in every possible way.
The team allocation in many DeFi projects is often very high. However, of course, the project has costs that need to be paid. But how do you know what these costs are, and how much pure profit is being generated?
In almost every project: you donโt.
We make our costs and profits completely public. You will know where every cent is going. Not just how much is allocated to the โteamโ, but specifically to which person, how much, and what it was used for.
So :
Costs and profits completely public
Our treasury will be public and updated in real-time.
Investments will be vetted by experts.
All transactions will be logged.
All wallets will be known.
Public and secure smart contract.
We will have public meetings with our investors to be part of the process.
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