Why Smart Contract Audit Is Important

Ethereum smart contracts usually rely on the programming language Solidity. However, any errors in the code can turn into critical security vulnerabilities leading to severe financial losses.

For example, the Wormhole escrow system, which serves as a bridge between different blockchains, was recently attacked in February 2022. Thanks to a vulnerability in signature verification, hackers were able to steal an astonishing $326 million worth of wETH.

To reduce the chances of such attacks you need to think about a complete smart contract audit. And enhance the protection of your app with ongoing security monitoring. It could cost you a lot of money (usually the cost per audit is more than $10,000) but, it could save your budget in the long run.

If you’re a startup and $10,000 for a manual audit is a lot for you. You want a cheaper and faster solution on the market but you don’t want to lose the quality of the service. Then, an automated smart contract audit designed by Tokenguad might be the best option for you!

The Fastest Way To Manage Your Smart Contract Security

Tokenguard is an automated multi-functional tool that offers different levels of smart contract security audits. The automated solution on AI technology will help you identify the bugs in the source code. Tokenguard was designed to improve your protection against cyberattacks and notify you of any changes and potential threads, so you can spend more time managing your business.

Why Tokenguard

In less than 3 hours Tokenguard Automated Smart contract Audit is able to find vulnerabilities such as:

• Reentrancy attack
• Integer overflow and underflow
• DoS with block gas limit
• Cross-function race condition
• Front-running

and more! It manages to find 29 security checks according to the SWC registry.

If you need a comprehensive review of the code Tokenguard provides detailed reports on their security.

With one audit purchase, you get a dashboard for monitoring the absolute security of your token. It can help you track the operations of any digital currency and smart contracts. Its services and features can be useful for blockchain companies as well as for their investors. Here are some benefits that it offers to its users:

Benefits of the Tokenguard tool:

Personal support

Tokenguard provides individual customer service to its users. After completing the audit you receive suggestions for improvement from blockchain experts.

Simplicity

Whether you are a business owner or an investor with no coding experience, the platform is quite easy to use. All you need to do is paste the Ethereum token’s address and see if it is secure. Tokenguard will conduct the whole process on your behalf. Moreover, it will provide you with a report that even non-tech folks can easily understand.

Easy token scoring

Tokenguard provides each ICO with a rate from 0 to 10. This rate helps to evaluate the security of its code in a simple manner.

Speed

The blockchain industry is moving extremely fast. Sometimes you don’t have enough time to think through your investment decisions. With Tokenguard, it takes only 3 hours to make a report.

Automated updates 24/7

As the code updates, new vulnerabilities may arise. Tokenguard automatically updates the auditing reports. Thus, if any security issues arise, you will be the first who will know about them, thanks to automatic alerts.

Price

Tokenguard offers 2 pricing plans for protocol owners. The basic plan with security monitoring and data analytics feature for $249 a month. A premium version costs $2499 and includes all basic plan features and smart contract audit per one contract.