Rocket-3
  • Abstract
  • 💾Pain point
    • Cumbersome trading workflows.
    • High gas fee
    • Security
    • Lack access to Alpha
    • Lack of money
  • 🧠Intent
    • Intro
    • Intention
    • Challenging
  • 🔧Functions
    • Alpha Snipper
    • Alpha collection
    • Rocket AI
    • Rocket Hunt
      • Rocket Ship
      • Gas Saver
  • 🪙Economy
    • Rocket-3 Governance Token ($RTC)
      • Fee Discounts
      • Fuel Tank
      • Decentralized governance
    • Rocket FT
      • Utility
        • Increasing the cap
        • Increasing voting weight
        • Ticket fee discount
        • Free withdrawal
        • GEM filter
        • One-on-One service
      • Mechanism
    • Rocket-3 Reward Token ($FUEL)
  • 🤝Other
    • Partnerships
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  1. Pain point

Security

After years of development, the DeFi space has also accumulated billions of dollars in theft, such as in March this year when lending protocol Euler Finance suffered a hacker attack with losses amounting to $200 million.

It allowed users to post collateral and borrow, and its problem occurred in a specific function that was not securely checked, allowing users to break basic invariants of the lending market. Most users lack a technical background and cannot judge if their trading or signing behaviors carry risks. Security auditing firms in the industry charge high fees and are beyond what average users can afford. Security is often an overlooked aspect in trading workflows, subtly impacting user behaviors and largely hindering mainstream adoption.

Last updated 1 year ago

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