{"id":3103,"date":"2024-06-05T12:23:22","date_gmt":"2024-06-05T12:23:22","guid":{"rendered":"https:\/\/usecyan.com\/articles\/?p=3103"},"modified":"2024-08-13T07:07:47","modified_gmt":"2024-08-13T07:07:47","slug":"cyan-completes-quantstamp-audit-a-new-milestone-in-security-and-reliability","status":"publish","type":"post","link":"https:\/\/usecyan.com\/articles\/cyan-completes-quantstamp-audit-a-new-milestone-in-security-and-reliability\/","title":{"rendered":"Cyan Completes Quantstamp Audit: A New Milestone in Security and Reliability"},"content":{"rendered":"\n<p>We are thrilled to announce the successful completion of our comprehensive protocol audit by <a href=\"https:\/\/quantstamp.com\/\" rel=\"nofollow noopener\">Quantstamp<\/a>, marking a significant milestone for Cyan. This audit, as of v2.1, signifies our unwavering commitment to security, transparency, and continuous improvement. With this achievement, we reaffirm our dedication to providing our users and institutional partners with a robust, secure, and innovative platform.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-dominant-color=\"366060\" data-has-transparency=\"false\" style=\"--dominant-color: #366060;\" loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" src=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/cyan_quantstamp_audit.png\" alt=\"cyan completes quantstamp audit\" class=\"not-transparent wp-image-3216\" srcset=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/cyan_quantstamp_audit.png 960w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/cyan_quantstamp_audit-300x188.png 300w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/cyan_quantstamp_audit-768x480.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li ><a href=\"#comprehensive-protocol-audit\">Comprehensive Protocol Audit<\/a><\/li><li ><a href=\"#a-decade-of-successful-audits\">A Decade of Successful Audits<\/a><\/li><li ><a href=\"#proven-stability-and-reliability-on-cyan\">Proven Stability and Reliability on Cyan<\/a><\/li><li ><a href=\"#institutional-confidence\">Institutional Confidence<\/a><\/li><li ><a href=\"#looking-forward\">Looking Forward<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"comprehensive-protocol-audit\"><strong>Comprehensive Protocol Audit<\/strong><\/h2>\n\n\n\n<p>The completion of this audit is a testament to Cyan&#8217;s commitment to ensuring that every aspect of our operations is not only secure but also optimized for efficiency and user satisfaction. The audit covered our entire protocol, scrutinizing the intricacies of our platform to identify and address any potential vulnerabilities. This rigorous examination ensures that our users can engage with Cyan confidently, knowing that their assets are protected by industry-leading security measures.<\/p>\n\n\n\n<p>With the introduction of v2.1, we have added several new features designed to enhance user experience and functionality. These updates include:<\/p>\n\n\n\n<ul>\n<li><strong>Refinancing Options:<\/strong> We recognize the importance of flexibility in managing digital assets. Our new refinancing options allow users to adjust their loans and investments more effectively, giving them greater control over their financial strategies. This feature is particularly beneficial in a volatile market, where having the ability to refinance can make a significant difference in preserving asset value.<\/li>\n\n\n\n<li><strong>Pro-Rata Interest Rates:<\/strong> Fairness and transparency are at the core of Cyan\u2019s values. Our pro-rata interest rates ensure that users are charged based on their actual usage, leading to more equitable financial outcomes. This approach not only optimizes returns for users but also aligns with our commitment to providing a fair and balanced platform for all participants.<\/li>\n\n\n\n<li><strong>Native CryptoPunks Support:<\/strong> As the NFT market continues to grow, we are expanding our platform to support one of the most iconic and valuable NFT collections, CryptoPunks. This integration allows CryptoPunk holders to leverage their assets within our ecosystem, providing them with new opportunities for liquidity and financial growth.<\/li>\n\n\n\n<li><strong>Selling NFTs into Blur Bids:<\/strong> Liquidity is crucial in the NFT space, and we are enhancing it by enabling users to sell their NFTs directly into Blur bids. This feature improves liquidity and offers users a seamless and efficient way to manage their NFT portfolios. By integrating with Blur, we ensure that our users can access a vibrant marketplace with competitive bids.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"a-decade-of-successful-audits\"><strong>A Decade of Successful Audits<\/strong><\/h2>\n\n\n\n<p>This achievement marks the 10th successful audit for Cyan since our inception. Over the years, our protocol has been rigorously reviewed by a variety of esteemed auditors, including 0xQuit, CertiK, and other respected private auditors. Each of these audits has played a crucial role in strengthening our platform, helping us to identify areas for improvement and reinforcing our commitment to excellence.<\/p>\n\n\n\n<p>Quantstamp, a tier-1 auditor, represents a new level of recognition and credibility for our platform. Their thorough and meticulous review process has validated our efforts to maintain the highest standards of security and reliability. This audit not only reflects our past successes but also sets the stage for continued innovation and growth.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-dominant-color=\"385757\" data-has-transparency=\"false\" style=\"--dominant-color: #385757;\" loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" src=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/decade_of_success.png\" alt=\"a decade of successful audits\" class=\"not-transparent wp-image-3217\" srcset=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/decade_of_success.png 960w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/decade_of_success-300x188.png 300w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/decade_of_success-768x480.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"proven-stability-and-reliability-on-cyan\"><strong>Proven Stability and Reliability<\/strong> on Cyan<\/h2>\n\n\n\n<p>Cyan has been operational for 763 days without any major issues, a testament to our robust and reliable infrastructure. This track record of stability is not just a statistic; it represents the trust and confidence that our users and institutional partners place in our platform. The seamless operation of our protocol over such an extended period underscores our commitment to delivering a dependable and secure service.<\/p>\n\n\n\n<p>The Quantstamp audit further reinforces this trust, providing our users with additional assurance that our platform meets the highest standards of security. Knowing that a top-tier auditor has meticulously examined and validated our protocol, institutional lenders can comfortably stake into our vaults with peace of mind. This confidence is critical as we continue to scale and attract more participants to our platform.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"institutional-confidence\"><strong>Institutional Confidence<\/strong><\/h2>\n\n\n\n<p>The successful audit by Quantstamp allows institutional lenders to stake into our vaults confidently. Our protocol\u2019s proven track record of running smoothly for over two years, coupled with this comprehensive review, ensures the highest security and reliability standards. Institutional confidence is crucial to our growth, and this audit serves as a powerful endorsement of our platform\u2019s integrity and resilience.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-dominant-color=\"425f5d\" data-has-transparency=\"false\" style=\"--dominant-color: #425f5d;\" loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" src=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/institutional_confidence.png\" alt=\"institutional confidence\" class=\"not-transparent wp-image-3218\" srcset=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/institutional_confidence.png 960w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/institutional_confidence-300x188.png 300w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/08\/institutional_confidence-768x480.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"looking-forward\"><strong>Looking Forward<\/strong><\/h2>\n\n\n\n<p>At Cyan, we are committed to maintaining the highest security and transparency standards. The successful completion of the Quantstamp audit is not just a milestone; it is a testament to our dedication to excellence and our ongoing efforts to enhance our platform. As we look to the future, we remain focused on innovation, continuously improving our services to meet the evolving needs of our users and partners.<\/p>\n\n\n\n<p>We look forward to continuing to provide our users with a secure, reliable, and innovative platform. For more information on our latest features and updates, please visit our <a href=\"https:\/\/docs.usecyan.com\/\">documentation<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are thrilled to announce the successful completion of our comprehensive protocol audit by Quantstamp, marking a significant milestone for Cyan. This audit, as of v2.1, signifies our unwavering commitment to security, transparency, and continuous improvement. With this achievement, we reaffirm our dedication to providing our users and institutional partners with a robust, secure, and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/06\/CyanCompletesQuantstampAudit.png","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts\/3103"}],"collection":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/comments?post=3103"}],"version-history":[{"count":3,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts\/3103\/revisions"}],"predecessor-version":[{"id":3219,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts\/3103\/revisions\/3219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/media\/3105"}],"wp:attachment":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/media?parent=3103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/categories?post=3103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/tags?post=3103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}