⌨️Technical Structure

CelestLoan's technical architecture involves several key components to support its collateral lending and DAO investment ecosystem's operation.

Scalability and Security

• The architecture should have high scalability to accommodate a growing user base and data volume. Security is paramount and considerations include smart contract security, identity verification, and data protection.

Defensive Programming

• Employ defensive programming practices to prevent common security vulnerabilities such as Distributed Denial of Service (DDoS) attacks, Cross-Site Scripting (XSS), SQL injection, etc. Ensure input data is effectively validated and sanitized to mitigate malicious input.

Community Security Monitoring

• Establish a security monitoring system to regularly monitor platform activities for detecting abnormal behavior and potential attacks, taking measures for response when necessary.

Risk Reserve Fund

• A risk reserve fund serves as a financial safety net to address unforeseen security issues such as smart contract vulnerabilities, market volatility, or other system risks. CelestLoan has allocated 10% of the lending amount as a risk reserve fund to address unexpected situations.

Ongoing Smart Contract Audits

• CelestLoan has implemented rigorous smart contract auditing procedures to ensure the security of contract code. This process includes in-depth static and dynamic analysis of smart contract code to identify and rectify potential security vulnerabilities, programming flaws, and logic errors.