Aave Labs recently released the security framework for Aave V4, emphasizing a "security-first" development philosophy. This approach ensures that security validation is embedded in the architectural design phase, rather than solely relying on final audits before project launch. The implementation of this security plan spanned nearly a year, accumulating approximately 345 days of security reviews, funded by a $1.5 million security budget approved by the Aave DAO. According to the latest information, V4's security process integrates various auditing methods, including formal verification, manual audits, invariant testing, fuzzing, and public security competitions. Future protocol development will continue to implement five long-term security measures, including the introduction of formal verification early in development, multi-layered security audits, continuous validation mechanisms, a long-term bug bounty program, and the use of AI-assisted security scanning of smart contracts. (The Block)
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