Anti Whale & Anti Bot
With the emergence of decentralized financial (DeFi) apps, platforms are vulnerable to manipulation, making token security more important than ever. Unfortunately, such concerns do not have a simple solution. For an industry trying to go mainstream and ask developers of all backgrounds to start their own tokenized projects, security needs a standard.
Crosswise aims to set the industry standard for DeFi by enforcing one of four of its fundamental pillars, security, by implementing innovative features:
Anti-Whale System
Transfers that exceed 5 percent of circulating supply of $CRSS Token will be declined. This percentage will be reduced as the overall supply increases, thus preventing whales from accumulating a large percentage of the total supply and manipulate the price.
Anti-Bot System
Crosswise intends to mitigate price manipulation that bots can cause, so that we may provide our users with a sustainable environment. To make this possible, Crosswise employs a variety of technical measures. In addition, we make use of Chainlink Price Feeds in order to mitigate the possibility of flash loan attacks, and other front-running deterrents to make front-running unprofitable.
Projects that launch or list on Crosswise also have the option to employ these measures.
While Crosswiseโs goal with the aforementioned procedure is to mitigate as much malicious behavior as possible, we recognize that upgrading our mitigation technology is a battle that we will have to wage, moving forward, as the DeFi space is ever-evolving. As more data is collected and new projects are posted, Crosswise intends to constantly review, monitor, and improve this process.
Omit Secure Subgraph till implemented.
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