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Strategic Security Collaboration with Struct: Enhancing Trust and Security Across the DeFi Landscape

5 min readSep 27, 2023

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In the DeFi realm, while innovation and opportunity are prolific, significant potential risks prevail. Addressing these challenges demands an active and evolving security approach, parallel in its dynamism and comprehensiveness to the ecosystem it aspires to guard.

Multi-Dimensional Security: A Comprehensive Approach

This collaboration fosters a multi-dimensional security strategy, encompassing technology enhancement, risk control, emergency response, personnel, product and asset safeguards, monitoring and tracking, additional security layers, and regular assessments. Each facet is meticulously addressed, promising unmatched security, safety, and peace of mind for the user community navigating the DeFi space.

The Essential of Baseline Security

For anyone involved in building new platforms in the blockchain space, integrated security should be foundational, not an afterthought. The sector has witnessed a staggering loss of over $30 billion from 1,198 hacking incidents. This alarming figure emphasizes the real-world impact of security vulnerabilities on everyone, from individual users to extensive ecosystems.

SlowMist: Cornerstone of Security

Here at SlowMist, security is more than just a buzzword; it’s a foundational principle. Our journey began with an intense focus on rigorous smart contract audits, conducted alongside esteemed entities including Zokyo, Dedaub, and Dingbats. Now, our commitment to security has blossomed into a multifaceted endeavor, aiming consistently for excellence in all security dimensions.

Struct Finance: A New Dawn in DeFi with Tranching Mechanism

Struct Finance emerges as an innovation powerhouse in the DeFi landscape, revolutionizing the ecosystem with the integration of the tranching mechanism from traditional finance. This novel approach makes high-yield opportunities more inclusive and accessible, catering to diverse investor needs and risk profiles.

Bridging Traditional and Decentralized Finance

With a team steeped in traditional finance expertise, Struct Finance is committed to bridging the gap between traditional and decentralized finance. This dedication is reflected in their transparent, accessible, and user-centric solutions.

Extensive Web3 Security Consulting Services

1. Overall Security System Consulting

  • SlowMist continuously monitors the security reinforcement process, aiding in the construction of the security system and ensuring the accurate and timely implementation of security reinforcement suggestions.
  • The SlowMist team assists the project team in improving their security management specifications and overall security experience.
  • In-depth security work communication is conducted at least once a quarter, ensuring a seamless and robust security infrastructure.

2. Web3 Security Emergency Response Service

  • The SlowMist team promptly and actively cooperates with the project team for any emergency work, ensuring rapid response and mitigation of potential risks.
  • The project team is guaranteed active, transparent, and comprehensive cooperation for all emergency response-related work.

3. Web3 Threat Intelligence Sharing

  • SlowMist provides a threat intelligence push service, including component vulnerability outbreaks related to on-chain and off-chain, unknown attack incidents, etc.
  • The project team benefits from both manual push and VulPush product service, enhancing their threat intelligence capabilities.

4. Usage of Security Service Products

  • The project team can utilize the MistTrack service to block money laundering behavior, safeguard digital asset security, and verify asset sources to avoid disputes and protect the platform reputation.
  • The MistEye service of SlowMist technology enhances security monitoring, ensuring timely alerts in the event of a black swan event.

5. Priority Scheduling for Security Audit Services

  • Clients of Web3 security consulting services enjoy the privilege of priority scheduling of SlowMist security audit services, ensuring the highest priority scheduling time and assisting in the seamless progress of the project.

Integration in Partnership with Struct

In our collaboration with Struct, these services are seamlessly integrated, offering a robust and comprehensive security infrastructure. The enhanced security capabilities ensure the safeguarding of all operations, contributing to the unmatched safety, security, and peace of mind for all users navigating the DeFi landscape with Struct.

By integrating these extensive services from SlowMist, Struct is further fortified in its commitment to ensuring top-notch security across all its operations. The collaboration between SlowMist and Struct is not just a partnership; it’s a robust alliance for pioneering security standards in the DeFi space, making these standards an integral part of our collective identity.

In conclusion, the partnership between SlowMist and Struct is a testament to their unwavering commitment to providing unparalleled security services in the DeFi landscape. Our combined expertise, innovative solutions, and comprehensive security services ensure the safeguarding of assets, operations, and all stakeholders involved, reinforcing the promise of secure and reliable DeFi experiences for all users.

About Struct Finance

Struct Finance is redefining the DeFi landscape by introducing the tranching mechanism, traditionally rooted in the world of conventional finance. By segmenting yield-bearing products into distinct tranches, Struct offers both seasoned investors and newcomers a platform that caters to their risk appetite, democratizing access to high-yield opportunities. Founded by a team with deep traditional finance expertise, Struct is on a mission to bridge the gap between traditional and decentralized finance, crafting innovative solutions that prioritize transparency, accessibility, and user empowerment.

💬Website 📱DApp 🐦Twitter 🎮Discord

About SlowMist

SlowMist is a blockchain security firm established in January 2018. The firm was started by a team with over ten years of network security experience to become a global force. Their goal is to make the blockchain ecosystem as secure as possible for everyone. They are now a renowned international blockchain security firm that has worked on various well-known projects such as Huobi, OKX, Binance, imToken, Crypto.com, Amber Group, Klaytn, EOS, 1inch, PancakeSwap, TUSD, Alpaca Finance, MultiChain, Cheers UP, etc.

SlowMist offers a variety of services that include by are not limited to security audits, threat information, defense deployment, security consultants, and other security-related services. They offer AML (Anti-money laundering) software, Vulpush (Vulnerability monitoring) , SlowMist Hacked (Crypto hack archives), FireWall.x (Smart contract firewall) , Safe Staking and other SaaS products. They have partnerships with domestic and international firms such as Akamai, BitDefender, FireEye, RC², TianJi Partners, IPIP, etc.

By delivering a comprehensive security solution customized to individual projects, they can identify risks and prevent them from occurring. Their team was able to find and publish several high-risk blockchain security flaws. By doing so, they could spread awareness and raise the security standards in the blockchain ecosystem.

💬Website 🐦Twitter ⌨️GitHub

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SlowMist
SlowMist

Written by SlowMist

SlowMist is a Blockchain security firm established in 2018, providing services such as security audits, security consultants, red teaming, and more.