On-Chain Firewall by TurtleShell
On-Chain Firewall based on TurtleShell's Security SDK and EIP-7265 (Circuit Breaker) ... A Demo that protects a protocols liquidity by creating a threshold on events that indicate exploits.
The problem On-Chain Firewall by TurtleShell solves
IMAGINE, your worst nightmare happens ... you wake up one day and all your funds are gone,
this is a potential reality to every DeFi Protocol. Unfortunately, every DeFi protocol is subsceptible to potential exploits, audits do not provide a guarantee for protection.
TurtleShell, however, provides a verifiable way, to prevent hacks before happening directly on the blockchain.
- Protect Protocol Liquidity from being stolen
- Improve Security Practices in web3
- pro-active security
- NO MORE HACKED Liquidity
Challenges we ran into
- time constraint
- complexity in reproducing more thorough hack scenarios
Technologies used
Discussion