HAPI Protocol HAPI

What Is HAPI (HAPI)?

HAPI, launched in 2021, offers a set of cross-chain smart contracts designed to provide real-time data on stolen funds and compromised wallets. The data provided by the platform is integrated with smart contract security audits.

To learn more about this project, check out our deep dive of Hapi.

HAPI tries to solve cybersecurity issues in the decentralized finance (DeFi) space by using an on-chain security protocol that creates trustless oracles. A set of cross-chain smart contracts embedded into DeFi products allows for an increased level of cybersecurity.

Who Are the Founders of HAPI?

HAPI was created by a pseudonymous hacker known as Dona Mara.

What Makes HAPI Unique?

HAPI has been built to allow easy implementation in various use cases. It supports cross-chain solutions for most of the popular blockchains such as Ethereum, VeChain, Polkadot and others.

It provides real-time public data for decentralized exchanges (DEXs), lending protocols and other DeFi applications. HAPI helps increase the security of DeFi projects and guard them and their users against financial and reputational risks. It receives data from providers elected by its decentralized community.

The way HAPI works is that the oracle can notify whether any particular smart contract has been audited. The HAPI DAO then selects the primary data provider who will upload information about a conducted audit into the HAPI smart contract.

Whenever a DEX user selects a token to trade, the exchange can query its respective smart contract to check the audit status. If the token is not audited, the exchange can notify the trader of the risks and impose limits on operations with that token

The HAPI token is an ERC-20 token that ensures the smooth operation of the protocol and connects data providers with security oracles. The token is also used for governance, oracle rewards, DeFi project audit submissions and staking.

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How Many HAPI (HAPI) Coins Are There in Circulation?

HAPI (HAPI) has a circulating supply of 78,800 tokens and a maximum supply of 1,000,000 tokens as of March 2021.

How Is the HAPI Network Secured?

Through a decentralized security audit database, DEXs and centralized exchanges (CEXs) can access info on whether a specific smart contract has undergone a security audit.

If it has not been audited, the service provider can notify their customers of possible risks, impose a limit on buy/sell orders, or restrict any operations with high-risk tokens.

Where Can You Buy HAPI (HAPI)?

You can trade HAPI (HAPI) on the following exchanges:

• Uniswap (V2)
• Gate.io
• DODO
• 1inch Exchange

Learn more about how to buy Bitcoin and other cryptocurrencies with our dedicated guide.