<ul><li>There are unique risks associated with DeFi platforms, including smart contract vulnerabilities and phishing attacks.</li><li>Conducting thorough audits of smart contracts before launch is imperative to identify and mitigate vulnerabilities.</li><li>Comprehensive testing of the DeFi platform, including functional and stress testing, is crucial for security.</li><li>Implementing multi-signature wallets, timelocks for admin actions, and prioritizing user education can enhance security in DeFi.</li></ul>

Decentralized Finance (DeFi) Security Best Practices

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