Security First — Part One of Two: Code and Contracts
Before Yield, There’s Trust
Until this summer, the XRP Ledger had no general-purpose smart contract layer. Most XRP remained idle. That changed on 30 June 2025, when the XRPL EVM Sidechain reached mainnet and brought Ethereum-compatible smart contracts to the XRP ecosystem.
Strobe was built to activate that capital. But DeFi doesn’t start with opportunity — it starts with verifiable programmability. If users can’t trust the contracts and can’t hold self-custody of their funds, it defeats the very principles of decentralisation.
For us, security is not a checklist item. It’s the foundation every other feature is built on. What follows is a summary of the principles, protections, and philosophy that guide how we write code, ship products, and safeguard value.
Our Security Framework
1. Independent Expert Review
Every major release is reviewed by professional security firms. Version 1.0 has already been audited by Hacken and SoftStack. Full reports will be published before launch so anyone can review the findings.
2. Immutable Core, Governable Parameters
The core lending engine behind Strobe is locked once deployed — no one can edit or upgrade it later. Settings like supply caps or interest rate models can be adjusted when needed, but only through a multi-signature admin wallet, which requires approval from multiple stakeholders.
3. Controlled Ramps and Emergency Brakes
At launch, we start small. Each asset reserve has a supply and borrow cap, with an aggregate supply cap of $500,000 at launch, which increases step-by-step over time. If something unexpected happens, we can pause activity (like supply, borrowing, or liquidation) in an instant.
4. Reliable, Tamper-Resistant Pricing
To avoid manipulation, we use decentralized price feeds from Band Protocol to calculate the value of your assets. We also apply safety checks to detect stale or unusual data. More oracles will be added over time, providing more points of reference.
5. Mathematics Before Marketing
Before we launch any contract, we express its most important rules as mathematical logic. For example, “no user can withdraw more than they supplied.” Software tools automatically verify that every possible action obeys those rules. If the logic fails, the contract doesn’t go live.
6. Code Quality and Development Testing
Every change to our codebase goes through peer review and automatic testing. These automated checks ensure new updates don’t break existing functionality or introduce bugs. We also use tools like Slither to scan for known vulnerabilities.
7. Active, Ongoing Bounty Program
Security doesn’t stop at launch. We run a public bug bounty through DualDefence — a crowdfunded white-hat hackers’ review, paying rewards to security researchers who help us identify issues. Confirmed reports are public via our GitHub.
8. Web and Network Protection
Our website and user interface are protected using modern web security best practices. This includes:
- DNSSEC to prevent domain hijacking
- Encrypted connections (TLS) for privacy and safety
- Anti-DDoS protection to keep the app online under pressure
- Content Security Policies that prevent malicious code from being injected
These layers of protection are designed to work together — like multiple airport checks: ID, scanner, gate, onboard. No single step is perfect, but together, they create a strong safety net.
What Open Security Means to Us
We will also share our audit reports, testing results, and bounty logs here, before mainnet:
https://github.com/strobe-protocol/strobe-v1-core/tree/main/audits
After launch, you’ll be able to track every admin wallet, reserve pool, and oracle feed on a blockchain explorer. We’ll publish direct links so anyone can verify what’s happening, in real time.
Security Is Ongoing
We believe real security is a journey, not a milestone. If you spot something we missed or have an idea to make Strobe safer, we want to hear from you.
In Part Two ,we’ll explore how the very design of the protocol itself protects both the project and the users.
Thanks for reading. We hope this earns your attention today and your trust tomorrow.
