Secure3
Last updated
Last updated
Secure3 is an innovative platform revolutionizing the security landscape of Web3 through its decentralized approach to Web3 project auditing, by organizing audit contests that engage a diverse community of globally certified auditors. Learn more here.
Projects: Sponsor the audit contest and reward the auditors who helped secure their code.
Auditors: Secure the Web3 ecosystem together through community-driven and collaborative audit contests
Secure3:
Work together with Projects to ensure the spending is optimized for the best security coverage through:
Continuous improvement on the Intelligent Auditor Matching mechanism
Work together with Projects and Auditors to ensure auditors' hard work is fairly evaluated and rewarded
Continuous improvement on the Incentive Model and Severity Standard that strives for community growth
Secure3 stands out in the Web3 security space by merging decentralized intelligence with a performance-based incentive model. This approach optimizes costs and enhances transparency, ensuring thorough, high-quality audits through collaboration with a global network of certified auditors.
| Secure3 Audit Contest | Traditional Audit | |
|---|---|---|
Secure3’s Audit Contests deliver end-to-end security solutions, from mainnet launch prep to ongoing code improvements, covering smart contracts, protocols, dApps, and more. Our performance-based incentives, intelligent auditor matching, transparent severity standards, and rigorous grading ensure top-tier, consistent audit quality tailored to your Web3 project’s needs. Learn more about our Audit Quality Assurance.
This documentation provides essential guidelines and FAQs about Secure3 and our decentralized audits. Here are some key sections that our community members often explore:
| Secure3 Audit Contest | Bug Bounty | |
|---|---|---|
Pricing
Affordable Pricing: Flexible fees tailored to your budget, with no fixed overhead.
Expensive with Fixed Costs: Typically incur high fees due to overhead and firm salaries.
Process Tracking
Transparency: Offers clear and open visibility at every stage of the audit.
Sometimes Opaque: Often lacks insight into processes.
Efficiency
Fast Turnaround: Audits can start within 24 hours, providing rapid security coverage.
Long Wait Time: Frequently experiences weeks-long waiting periods for audits.
Coverage
Wide & Diverse Coverage: Engage 5-50x more auditors, covering a variety of angles and expertise.
Limited Coverage: Only 2-3 auditors per project, often repeating routine tasks.
Incentive Model
Great Incentive: Rewards are allocated solely based on performance—no findings mean no rewards.
Poor Incentive: Lacks motivation for auditors to go beyond routine checks.
Post-Audit Support
Ongoing Support: Provides continuous assistance to ensure long-term code security.
Limited Support: Typically restricts follow-up to the initial audit only.
Incentive Model
Great Incentive: Rewards are distributed based on performance—no findings, no rewards—encouraging auditors to uncover unique insights
Poor Incentive: Winner-takes-all, with only one reward per issue, leading to low engagement
Participation Model
Auditor Matching: Only certified auditors with relevant expertise are matched to projects
Short-term Engagement: Open to anyone at any time, without sustained commitment
Focus of Effort
Dedication & Focus: Auditors focus on one project at a time, ensuring thorough security and business analysis of your code
No Focus: Whitehats juggle multiple projects, focusing only on low-hanging vulnerabilities
Efficiency of Findings
High Efficiency: Cross-examination and validation handled in-house for optimized turnaround.
Low Efficiency: High-quality findings are overwhelmed by random submissions