BNB Chain, Blockchain Security Firms Start AvengerDAO to Protect Users

BNB Chain has joined hands with many blockchain security audit firms to start security infrastructure project AvengerDAO. AvengerDAO will be community run with the ambition to set an industry standard for safe practices. The founding partners of the DAO, entities that have no central leadership, include security audit firms such as Certik, Go Plus, SlowMist, Zokyo, BlockSec, Hashdit, Verichains, and other crypto companies like Pessimistic, CoinMarketCap, TrustWallet, PancakeSwap, BSCtrace(NodeReal), BSCscan, MathWallet, DappBay, Coin98, and Opera. The system will provide a multi layer security through Meter, a passive API (application programming interface) system that will allow applications to request security ratings and send back alerts to flag bad actors. Two additional platforms, Watch, a subscription based alert system, and Vault, a programmable fund management system, will warn subscribers in real time when security exploits occur and assist safe passage of funds between parties according to the providers' internal rules, respectively.