How Can Users Verify the Code of a Rebase Token’s Smart Contract?
Users can verify the code of a rebase token's smart contract by looking at the project's GitHub repository. Most reputable projects will make their code open source, which allows anyone to review it for potential vulnerabilities.
Additionally, users can check to see if the project has been audited by a third-party security firm. A security audit is a thorough review of the smart contract's code that is designed to identify and fix any potential security issues.
Glossar
Rebase
Mechanism ⎊ Rebase operations, within cryptocurrency and derivatives, represent a revision of the blockchain’s history, altering the base from which future blocks are built; this differs fundamentally from a hard fork, maintaining chain continuity while rewriting commit history.
Code
Algorithm ⎊ Code, within cryptocurrency, options trading, and financial derivatives, represents a defined set of instructions enabling automated execution of trading strategies or complex calculations related to pricing and risk assessment.
Smart Contract
Code ⎊ The contract is fundamentally self-executing code deployed on a distributed ledger, embodying the terms of the agreement in an immutable format.