- Uniswap is donating $850,000 to OpenZeppelin, fueling safe growth with the brand new Hooks Contracts Library for v4.
- OpenZeppelin’s v4 Hooks Library unlocks payment administration, restrict orders, customized oracles, and liquidity automation for Uniswap builders.
- A ten-week audit ensures OpenZeppelin’s Hooks Library reduces coding dangers, permitting builders to construct safe, modern apps on Uniswap.
The Uniswap Basis has awarded OpenZeppelin $850,000 to develop a Hooks Contracts Library for Uniswap v4, with the intention of accelerating safety and lowering coding dangers for builders utilizing the platform. To make sure that inventive functions are constructed on a stable basis, the grant goals to offer a dependable, standardized codebase.
Constructing on pre-existing contracts will largely be made attainable by the OpenZeppelin Hooks Contracts Library. These contracts allow superior options akin to computerized liquidity administration, restrict orders, payment administration, and customized oracles. By lowering coding vulnerabilities, builders can give attention to creating safe and environment friendly functions.
The @OpenZeppelin Hooks Contracts Library for v4 is designed to reduce coding danger by leveraging confirmed good contract libraries.
By constructing on the OpenZeppelin Hooks Contract Library, builders can create modern and safe functions that improve the v4 person expertise. https://t.co/lHSQxRwDyt
— Uniswap Basis (@UniswapFND) October 21, 2024
OpenZeppelin’s method to safety
Blockchain safety firm OpenZeppelin is common for its prowess in defending good contracts and blockchain apps. Their open-source contract libraries have been extensively adopted within the DeFi area. Moreover, their Defender platform integrates safety into your entire growth course of, making certain safe undertaking implementation.
The event of the v4 Hooks Contracts Library will unfold in three important phases: summary hooks, accounting enchancment shakes, and person expertise hooks. As well as, a ten-week safety audit follows the event part to make sure the integrity of the library.
Key gamers enhancing v4 safety
Along with OpenZeppelin, different safety firms are additionally concerned in making certain the safety of Uniswap’s v4. Path of Bits, recognized for combining high-quality safety analysis with an attacker’s perspective, will play an important function. As well as, Certora affords formal verification instruments and good contract audits. They’ve a crew with a powerful tutorial background, making them a number one skilled in DeFi safety.
Moreover, SpearbitDAO, a community of prime safety researchers, is thought for its standardized methodology in web3 safety assessments. They’ve a powerful observe document in assessing advanced protocols. With over 100 audits, ABDK Consulting makes a speciality of DeFi protocols, cryptographic schemes and Solidity libraries.
Guaranteeing secure growth
The Uniswap Basis’s choice to accomplice with these main safety firms underlines their dedication to securing growth. By leveraging OpenZeppelin’s Hooks Contracts Library, builders can reduce danger and confidently construct modern functions on Uniswap v4. This grant reinforces Uniswap’s dedication to enhancing person expertise and advancing safe protocol growth.