Remember‼️ If you habitually keep your funds on a single platform, a single black swan event can lead to total loss. Recently, the Sui ecosystem's NEMO was hacked for 2.4 million USD, causing many users to suffer losses. In contrast, the momentum X nemo vaults that partnered with it remained unscathed, indicating that momentum has done a great job in terms of security. Therefore, when choosing a project, it is essential to pay attention to how much the project team values security and whether they have reasonable and reliable security measures to ensure the safety of user funds. All games must be played under the premise that our funds are fully secured. I think we can all learn from #Momentum. They have laid out "Four Major Principles" regarding security: • All contracts must be multi-signed. • All contracts and upgrades must be audited. • The deployed code must be audited code. • For the Vaults module, set deposit limits and involve multiple parties in rebalancing. If a...
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