No. DeFiSafety is meant to be used as a tool to further the research that you may already be doing about a certain protocol. We are not responsible for any funds invested, and any funds lost this way.
All DeFiSafety reviews are completely free, and are written without any payment from developers or protocols.
Yes, DeFiSafety is a private company owned and operated in Montreal, Canada.
No, there is currently no DeFiSafety Token.
An initial review will be preformed, which is then reviewed by a senior member of our team and sent to the developers of the protocol for review. After this, the review is usually scheduled for publishing about a week or two from that period.
Ethereum, Binance Smart Chain, Terra, Avalanche, Polygon, and Arbitrum. However, we are constantly adding new ones based on what is popular at the moment.
Yes, we contact developers before releasing our review to ensure that all of the information that we display is accurate. If it isn't, we will communicate back-and-forth with the developers in order to optimize our review. In addition, a developer can user this communication as a means to better their process transparency at the same time in order to get a better score upon release.
Your protocol may not get reviewed because:
1. Does not have any DeFi products (farm, staking, dex, etc).
2. Did not have high enough TVL (500k minimum).
3. Is exclusively a Token.
4. It is a Dapp as opposed to a DeFi Product
If you think there is wrong information in one of our reviews, please either communicate with us through our Telegram channel (https://t.me/), or through DMs on either Telegram or Discord.
No, DeFiSafety is not a DAO at the moment.