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Hats Finance is emerging as a key player in decentralized security (DeSec) for blockchain protocols. The platform, which offers permissionless and scalable security and AI security services, recently launched its $HAT token on Fjord LBP. Hats Finance aims to incentivize security by creating synergies within the ecosystem. The platform has also migrated its indexing layer to The Graph's decentralized network, enhancing its infrastructure. The importance of security in the blockchain space is underscored by criticisms of traditional, centralized approaches, such as those by CertiK, which are seen as outdated and ineffective in incentivizing white hat hackers. Hats Finance aims to protect DeFi protocols, their users, and the blockchain community.
Insecurity nowadays affects not only users, but also large projects. @HatsFinance is one of the first decentralized security platforms. Its goal is to make DeSec the standard. They want to protect DeFi protocols, their users and the blockchain community. They plan to do this by… https://t.co/EqgoaZgSz6
Leveling up the Hats Protocol stack! We've migrated Hats Protocol's indexing layer to @graphprotocol's decentralized network 🌐
Security is critical and fundamental to the survival of this space. However, CertiK showed us how security is handled. It's archaic and centralized. Hackers are not really incentivized to be "white hat hackers". That's why your favorite protocols are being hacked. This is… https://t.co/uAHvhVeIzi