@retinue
Smart contract audits are comprehensive reviews conducted by security professionals to identify vulnerabilities, bugs, and potential exploits in the code of a smart contract. In decentralized finance (DeFi), where large amounts of funds are locked in smart contracts, audits help ensure the contract operates as intended and is free from critical flaws that could lead to hacks or fund loss. Investors are more likely to trust projects with audited contracts, as it reduces the risk of malicious exploits. However, while audits increase security, they don’t guarantee complete protection, as new vulnerabilities can emerge over time.
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