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YFNFT Contract & Consensus Successfully Completes Its Audit Process with InterFi Network!


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·         YFNFT Team started the contract development of the NFT minting model which will be followed to release the NFT marketplace.

·         We are building YearnNFT as a high-volume NFT Marketplace, so it is important for us to audit the YFNFT smart contract.

·         The project was successful in working with the best audit contract security auditor on the blockchain ecosystem.

·         We are happy to announce that YearnNFT Finance (YFNFT) Contract and Consensus has finally accomplished its Audit Process with InterFi Network (https://www.interfi.network/).

·         The Project Audit report is released and you can find it on GitHub and official social media channels.  

·         The Presale is moving in an organized manner and the holders is experiencing a high yield.

We are happy to announce that YearnNFT Finance (YFNFT) Contract and Consensus has successfully accomplished its Audit Process with InterFi Network (https://www.interfi.network/). The team at YFNFT started the contract development of the NFT minting model which will be followed to release the NFT marketplace.

We are building YearnNFT as a high-volume NFT Marketplace, so we have followed the audit of YFNFT smart contract. Our project was successful in working with the best audit contract security auditor on the blockchain ecosystem.

Security Audit is done in order to identify and eradicate security vulnerabilities using the most meticulous and thorough cyber security practice. InterFi Network demonstrate its own smart contract development and testing frameworks for major protocols and projects.

The YearnNFT chosen auditing methodology is followed by an extensive analysis of smart contracts using various approaches- automatic, static and manual. With countless successfully implemented audits under InterFi Network belt, YearnNFT is sure about the proven experience and expertise in auditing.

We have already released the project audit report on GitHub and official social media channels. You can deeply analyze and check the outcome. The Presale Round 1 has come to a successful end and the Presale Round 2 is ready to start from 1 December 2021.

Smart Contract Audits

Though the blockchain networks including BSC, Ethereum, etc. seems secure; however, blockchain applications built might show vulnerabilities. Bugs in smart contracts can continually have significant financial consequences. This is why we are performing audits for the smart contract development and optimization procedure.

Benefits of Smart Contract Audits

To reap the potentials of smart contracts like automation, self-enforcement, robustness and security, YearnNFT finds it extremely necessary to check in for their proper development. Blunders in smart contract development can show expensive problems rather than being an incredible productive gain.

We believe that auditing our smart contracts will benefit YearnNFT blockchain project in several ways:

Risks and Vulnerabilities Identification

Our smart contract audit will need to pass the test and challenge the contract code in diverse ways. This will underline any technical, operational, and cyber threats to which our contract might be exposed. This procedure also involves cautious break testing of the contract.

Code Enhancements

Once the initial audit is performed, we will receive a report with a list of problems that are identified and need improvements to the code of the smart contract. The development team will have to fix the mentioned issues, which will be further implemented, reviewed and tested again.

Performance Validation

Besides recognizing risks and vulnerabilities, this audit will also tests the contract execution and check for variations that might occur after execution. This phase tests all possible results and how they can affect the initial conditions and terms of our contract.

Optimization

Every smart contract enacts against its native blockchain network. This entails paying fees in terms of cryptocurrency of particular network. Such smart contract audit will help us ascertain the accurate optimization based on its price.

Compliance

Based on the location or industry, our smart contracts might go through liability review and regulatory compliance. This audit can help us find whether our contracts meet the admissible regulatory requirements or necessity to be amended.

Ratings

Smart contracts are also maneuvered to define tokens/assets and token holder rights; therefore contracts is needed for ICO implementation. If our contract is audited, this will eventually raise the YFNFT token’s rating on relative ICO trackers and listings.

Smart Contract Auditing Process

YearnNFT chooses a variety of methods while deciding to audit smart contracts. Here is how the InterFi Network proceeds the auditing of our smart contact:

Requirements Gathering

Thoroughly reviewing whitepaper or business requirement documents helps the team to understand the intended behavior of the smart contract.

Automated Testing

Performing unit test cases and confirming there are no syntactical or run-time issues in the smart contracts is one of the responsibilities.

Manual Review

The team has authority to conduct a manual review of the smart contracts and spot critical, major and minor errors along with the counseling.

Preparing Initial Audit Report

This is a document composed to underline and decipher the critical/major/minor issues, while the developers work on streamlining the code.

Final Audit Report

Basically the initial audit report is revised and the streamlined code is used to jot the final audit report with the authorized approval. These procedures are implemented during an audit based on the contract type and its complexity.

What’s in the Audit Report?

After the security audit is performed, we receive a clean, properly formatted report specifically in PDF format. This is entirely compiled after consensus particularly from 2 independent auditors. We ensure our audit reports to be custom, thorough, and transparent for future success.

This report also depicts:

o   An exhaustive list of errors and problems categorized as Critical/Major/Minor

o   Rationale for every specified issue jotted by the auditors

o   Endorsement on suggestions to solve the mentioned problems wherever feasible

Our audited report will show the details of any recognized vulnerabilities and break them down according to their severity along with advice to proceed. Usually we will work on graphical representations that will provide visualized insights with respect to the project. This detailed report will help you understand the source of vulnerabilities.

Why InterFi Network?

Many projects have great experience working with InterFi Network so chose the team for our smart contract audit. Our team is already impressed with their prolific experience in advanced network protocols and reasonable pricing.

As per our analysis, the auditor at InterFi Network conducts a thorough review. They impeccably understand the intended behavior, our needs and intricacies of the project. We have been highly recommended to go for their auditing services. This platform provides rich experience and expertise right on the table.

InterFi team is equipped with the latest tools and techniques that seem quite impressive. We believe that charges are a function depending on the complexity and duration of the contract audit.

It is also based on the business requirement quality and technical documentation that we and our project provide. Every project has their distinct requirements and is one of a kind in nature. You can get in touch with our team for more updates and get a customized quote for your project.

 

Audit Completed.jpeg

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