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Andre Cronje, Andre Cronje, stated that onchain security should involve several distinct measures, including audits, deployment reviews, ongoing penetration testing, interval scans, circuit breakers, deposit and borrow caps, and total exposure risk controls. He argued that relying solely on immutability and unrestricted flows is not enough to adequately protect users.
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Cronje previously described onchain swaps that provide no fees or gas costs, allowing for yield earning, collateral use, and simple asset exchanges. He also reported the activation of ssftUSD looping via Morpho and kpk_io, with a maximum APY of 24.11% expected to stabilize near 12%. These developments highlight ongoing efforts to expand onchain functionality.