German-based audit company SolidProof has just kickstarted a free audit program for DeFi projects. The firm sets out to show appreciation to its supporters by launching a free audit tournament.The community will have an opportunity to vote for the projects they find most suited to get a free audit and report. The announcement comes after Solidproof has successfully audited the BSC-based CyberRacing project.Protecting Project Investors and UsersThe DeFi market has been hit hard by many challenges, but fraud-related cases are the most evident. The space has seen new inventions and innovative companies that are looking to curb this issue.Solidproof uses auditing and KYC procedures to build trusted blockchain-based DeFi projects, unlike other companies that offer just one of them. The auditing procedure renders a project genuine, and hence the investor is assured of safety.The audit company determines a user\u2019s identity and establishes that their funds\u2019 sources are legit KYC services. However, you should note that the DSGVO regulation guards the data against unauthorized access, so there is little to no leakage.Projects Voting DetailsTo vote for the projects, you have to follow SolidProof on their Telegram and subscribe to all their social networks; Twitter and Facebook.Once you have checked all the eligibility boxes, you can then apply to participate. You will be required to submit an application through this google form. Once submitted, there will be a week of voting on Twitter and Telegram for everyone who has applied to participate. Over the week, various projects users will vote projects in or out. Those who voted in will receive a free audit and the confirmations posted on Twitter. You can check more details about the tournament here.So that more people are motivated to vote for their project, there is a 5 x 100 USDT giveaway. Also, the participants will randomly receive\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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