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Aave Labs Unveils V4 Security Plan: 345 Days of Audits and a $1.5 Million Security Budget
Svmuu News: Aave Labs has unveiled the security framework for Aave V4, proposing a "security-first" development model that embeds security verification into the architectural design phase, rather than relying solely on final audits prior to launch. The security initiative lasted approximately one year, involving a total of about 345 days of security reviews, funded by a $1.5 million security budget approved by the Aave DAO. Reportedly, the V4 security process combines multi-layered audit methods, including formal verification, manual audits, invariant testing, fuzzing, and public security competitions. Future protocol development will continue to adopt five long-term security measures, including the introduction of formal verification in the early stages of development, the implementation of multi-layered security audit methods, continuous verification mechanisms, a long-term bug bounty program, and the use of AI-assisted smart contract security scanning. (The Block)
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