This new firm offers dual functionalities in auditing and developing smart contracts, particularly those related to Web 3.0. Interested parties are now able to reach out for smart contract auditing on the Stela Labs website.
Advanced Blockchain AG is pleased to present its new smart contract auditing and development firm: Stela Labs. By both ensuring smart contract security and promoting new blockchain-related developments, Stela Labs helps Advanced Blockchain AG fulfill its overall vision of helping to advance growth and development within the blockchain space. Further, the deep technology insights we gain through Stela Labs can be utilized to gain access to great investment opportunities in the seed stage, enabling Advanced Blockchain to make well-founded investment choices.
Stela Labs has a dual-pronged strategy.
While smart contract auditing firms are incredibly important, this company intends to do more than simply audit smart contract codes. First, it will function to secure our client’s existing smart contracts through auditing and resolving any identified issues. Second, it will function to assist our clients in the creation of secure and innovative new developments for new and existing blockchain protocols.
To fulfill these functions, Stela Labs brings together a diverse and experienced team of blockchain pioneers and engineers. Based off of their own real-world experience and expertise about security issues that have impacted other blockchain-based projects, the team implements a comprehensive smart contract auditing and protocol building strategy that not only aims to make the projects it undertakes more secure, but also more useful and impactful.
Stela Labs is focused on supporting Web 3.0-related projects.
Particularly, the company is interested in helping projects utilizing the Polkadot and Ethereum blockchains. These blockchains are of significant interest to Advanced Blockchain AG and Stela Labs, as they are two of the largest and most innovative blockchains in the decentralized finance (DeFi) space.
Stela Labs is especially interested in working with ink! smart contracts and projects that have been built on Substrate. These types of projects are infrastructures operating in conjunction with the Polkadot blockchain; Substrate is the blockchain framework created by Parity that forms the basis of Polkadot, and ink! is Parity’s manner of writing user friendly, concise, and efficient smart contracts for Substrate-based blockchains. Projects incorporating ink! and Substrate are presently on the cutting edge of the DeFi and blockchain industries.
Thus far, Stela Labs has performed security audits for the Fractal, Warp, and ForceDAO protocols. Fractal (https://protocol.fractal.id/) is an open-sourced fair data exchange and advertising platform, Warp (https://www.warp.finance/) enables liquidity provisioning tokens to collateralize stablecoin loans, and ForceDAO (https://forcedao.com/) is a quantitatively-based hedge fund for the DeFi space.
Stela Labs is currently accepting new clients for security auditing.
Projects may now start reaching out to Advanced Blockchain AG for security reviews. Interested parties should refer to the Stela Labs website: http://stelalabs.com.
Additional information on Advanced Blockchain AG, Stela Labs, and its other projects can be found at www.advancedblockchain.com.