The DeFi Audit Conundrum
An exploration of the misaligned incentives that define today's DeFi audits
To a DeFi user, an audit report can be a mysterious beast. It’s comforting to hear a project proclaim “We’ve been audited!”, but what does that really mean to a non-technical person?
An audit report can yield very valuable information for someone who knows how to interpret one. But how many users of today’s DeFi projects have ever attempted to crack one …