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ICON has partnered with Movebit to perform external audits on the Move contracts for ICON’s General Message Passing (GMP) and its flagship DeFi protocol, Balanced. Auditing is a crucial step for any major project release and Movebit have proven themselves as the eminent DeFi auditing firm for Move, especially on our latest integrated blockchain, Sui.
Movebit’s work builds upon recent audits conducted on Solidity contracts to ensure that as Balanced expands with new blockchain languages, the security of the platform continues to meet the highest standards. With audits now complete, Balanced can confidently deliver seamless cross-chain swaps and loans, through ICON GMP, to the Sui ecosystem.
MoveBit, Move Specialists
MoveBit, a subsidiary brand of BitsLab, is a blockchain security team that specializes in the Move ecosystem. It's at the forefront of utilizing cutting-edge Formal Verification techniques. The team comprises security professionals with extensive experience in both academia and enterprise. As one of the earliest contributors to the Move ecosystem, MoveBit has collaborated closely with Move developers to establish security standards for secure Move applications, making it the most secure Web3 destination.
Continued Optimization for Balanced
ICON and the Balanced team are dedicated to providing a secure, efficient, and trustworthy platform for users. Movebit’s expert auditing services promise to meet and exceed these standards, ensuring a safer and more reliable DeFi experience for all. You can find the full report of Movebit’s audit here.
To learn more about Balanced and how to use it, visit the website, try the demo, and read the documentation. You can also follow Balanced on Twitter and join the Balanced community on Discord.