Navigating Challenges: Addressing a V1 Smart Contract Security Issue

By DeHub Team — 2021-06-19

Security is paramount in the Web3 space. When a vulnerability was discovered in our V1 smart contract, our team acted immediately to address it. We believe in transparency and taking swift, decisive action to protect our community and their assets.

The issue was identified through our continuous internal audits. We paused all interactions with the contract, and our developers worked around the clock to patch the vulnerability and deploy a new, more secure contract.

To ensure a seamless transition for our community, we took a snapshot of all holder balances prior to deploying the new contract. Every single holder was then automatically airdropped their tokens on a 1:1 basis. Nobody was left behind.

This incident, while challenging, has made our platform stronger and our commitment to security even more resolute. We are grateful for our community's patience and support during this process.