ChainSwap (ASAP)
Basics
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release:
- “cross-chain hub for all smart chains”
History
Audits
- Bug bounty program can be found [insert here].
Bugs/Exploits
"This is the second incident this month, first $800,000, now $4.4 million. On the Ethereum network, each token to be bridged has its own proxy Factory contract. The attacker was able to exploit the contract, minting tokens directly into different addresses, before reaccumulating them into the wallet from which the transactions were initially sent. Over on BSC, the exploit targeted a total of 20 tokens, according to ChainSwap’s post-mortem. The evidence is present in the attacker's Ethereum wallet taking the form of a long series of 0.005 ETH transactions, each evidence of freshly minted tokens via the Chainswap bridge. The last few transactions show the attacker cashing out some of the ETH that had been bridged from BSC, via 1inch - a series of 5 transactions totalling 456 ETH, or approximately $935,000 at the time of writing.
We are left wondering... why would the hacker fund his wallet with money from Tornado and then change his bounty into a centralised stablecoin such as USDT? Why has this money still not been laundered? ChainSwap have arranged a full compensation plan for those affected by the attack, but the reputation of their platform can’t be refunded."
Governance
Admin Key
DAO
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on:
- Programming language used:
Transaction Details
How it works
Fee Mechanism
Upgrades
Mining
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
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