Internset DAO LLC ("we," "us," or "our") operates platforms such as InternsetDAO.com, Stipent.com, and related decentralized applications (DApps). This Smart Contract Security Policy defines how we ensure the security, reliability, and transparency of smart contracts deployed within our ecosystem.
1. Scope of This Policy
This policy applies to:
- All Smart Contracts: Developed, deployed, or integrated by Internset DAO.
- Token Contracts: Including the Stipent (STPN) token contract and governance contracts.
- Decentralized Applications (DApps): Supporting services interacting with smart contracts.
2. Smart Contract Development Standards
To maintain the highest security standards, all smart contracts within the Internset DAO ecosystem must adhere to these principles:
A. Coding Standards
- Best Practices: We follow industry best practices for secure contract development.
- Code Readability: Smart contracts must be written using readable, maintainable, and well-documented code.
- Version Control: All contract versions are tracked and documented using version control systems (Git).
B. Security Frameworks
- Safe Libraries: Only trusted and verified open-source libraries (e.g., OpenZeppelin) are used.
- Standards Compliance: All contracts comply with standards such as ERC-20, ERC-721, and ERC-1155, as required.
- Avoid Known Vulnerabilities: We actively monitor and patch known vulnerabilities like reentrancy attacks, integer overflows, and flash loan attacks.
3. Security Audits & Testing
Internset DAO conducts rigorous audits and security tests before deploying any smart contract.
A. Internal Audits
- Conducted by the core development team before every contract deployment.
- Testing Focus Areas:
- Functional Tests: Ensure expected contract behavior.
- Unit Tests: Verify contract modules in isolation.
- Integration Tests: Test contracts’ interactions within the DAO ecosystem.
B. External Audits
- Contracts undergo independent security audits by reputable auditing firms where necessary.
- Audit Transparency: Security audit reports are publicly available when applicable to promote transparency and community trust.
C. Bug Bounty Program
- We operate a Bug Bounty Program to incentivize community members to report contract vulnerabilities.
- Disclosure Policy: Security vulnerabilities must be reported responsibly and privately through our official contact channels.
4. Deployment & Upgrade Policies
A. Contract Deployment Process
- Multi-Signature Approval: Smart contract deployment requires multi-signature approvals from designated DAO members.
- Testnet Deployment First: Contracts are deployed and tested on testnets before moving to mainnet.
B. Contract Upgradeability
- Immutable Contracts: Contracts are deployed as immutable where possible.
- Upgrade Proposals: If contract upgrades are needed, they must follow the DAO governance process, including:
- Proposal Submission
- Community Voting
- Transparent Deployment Logs
5. Incident Response Plan
In the event of a security breach or vulnerability detection, Internset DAO follows a four-step incident response protocol:
- Incident Detection: Continuous monitoring systems and blockchain analytics detect unusual activity.
- Emergency Response Activation: Smart contract functions may be paused through emergency fail-safe mechanisms (if supported).
- Impact Assessment: We assess the breach, identify vulnerabilities, and determine the appropriate response.
- Community Disclosure & Resolution: Affected parties are notified, and a comprehensive incident report is published after resolution.
6. Compliance & Legal Obligations
Internset DAO ensures that smart contract development and security practices comply with:
- Wyoming DAO Statutes (§ 17-31-101) – Legal requirements for decentralized organizations registered in Wyoming, USA.
- Global Blockchain Security Standards – Including best practices from recognized industry bodies like Ethereum Foundation and OWASP.
7. Policy Violations & Accountability
A. Developer Accountability
- Core Developers & Auditors are responsible for maintaining contract security and responding to reported vulnerabilities.
B. Policy Violations Include:
- Failure to Follow Security Protocols: Neglecting audits, skipping tests, or deploying without authorization.
- Unauthorized Upgrades: Deploying unauthorized smart contracts or making unapproved changes.
8. Amendments to This Policy
Internset DAO LLC reserves the right to update this policy at any time. Updates will be published on our platforms with the effective date clearly indicated. Continued platform use after updates constitutes acceptance of the revised terms.