We are excited to announce that LYOPAY’s native token, LYO Credit Token (LYO), has smashed a breaking 98% rating in a smart contract audit performed by the Zokyo blockchain team. The LYO’s token’s smart contracts audit took place on March 11, 2022.
- LYO Credit Token (LYO) scores 98% in Zokyo smart contract audit on March 11, 2022.
- LYO Credit testable code was 100%, surpassing the industry’s standard of 95%.
- Zokyo’s Blockchain Security Team LYO officially endorsed LYO to be listed on digital assets exchanges.
- Check the audit here: https://lyopay.com/lyocredit-zokyo-audit.pdf
What is Zokyo?
Zokyo is an end-to-end encrypted security company with a devoted cybersecurity team. It provides a distinguishable security auditing and penetrating testing services to blockchain-based projects, thereby protecting them from hackers. Zokyo secures, funds crypto, DeFi, and NFT companies.
What LYO score mean?
In detail, the Zokyo team performed the audit step-by-step to analyze the security, and correctness of the LYO smart contract codebase. Interestingly, during the audit, no critical or medium-level issues were discovered. LYO Credit scored a testable code of 100%, which is higher than the industry standard of 95%, making LYO Credit creating buzz for such a milestone covered.
Throughout the audit, the firm ensured that the LYO smart contract implements and adheres to existing standards appropriately and effectively, and documentation and code comments match logic and behavior. Not only that, but the audit ensured that the smart contract distributes tokens in a manner that matches calculations, and follows best practices for efficient use of resources, without unnecessary waste.
Zokyo’s blockchain Security Team handed LYO on a silver platter and declares that the token’s smart contract meets their security requirements for listing on cryptocurrency exchanges. With this groundbreaking achievement, LYO continues to establish its reputation as a one-of-a-kind token that is changing the way people transact with crypto-focused payment. This achievement demonstrates that LYO Credit is constantly expanding its global presence in the crypto space while maintaining a fair share of its market dominance.