Announcement2023-06-10

Securing the Path to Web3: MetaTrust Labs and SyncSwap Are Powering the zkSync Revolution

3 Minutes Read

MetaTrust Labs

MetaTrust Labs

Summary

SyncSwap, the biggest DEX on Zksync, has recently passed the security audit by MetaTrust Labs.

MetaTrust Labs and SyncSwap recently announced a partnership to collaborate extensively in the field of Web3 security and jointly advance the development of the zkSync ecosystem. This collaboration not only provides SyncSwap with professional project audit services, ensuring the security and integrity of its smart contract code, but also offers continuous security support and services.

SyncSwap is a seamless and efficient decentralized exchange (DEX) based on zkSync. Leveraging zero-knowledge proof technology, SyncSwap achieves low latency, low fees, high throughput, and strong privacy for decentralized transactions. SyncSwap supports various stablecoins and other tokens for trading on zkSync and provides the SyncSwap Move feature, enabling users to easily transfer assets between Ethereum and zkSync.

Great working with MetaTrust. They are responsive, timely and detail oriented to provide insights and safety to our smart contracts. We look forward to moving together with them to build better products.

Said 0xnakato, Co-Founder of SyncSwap.

This partnership marks a significant breakthrough in the field of Web3 security and a beneficial exploration within the zkSync ecosystem. Both parties will continue to collaborate, contributing to the construction of a more secure, trustworthy, and efficient infrastructure for Web3.

Professional Audit Services

Through MetaTrust's professional AI audit services, SyncSwap's smart contract code undergoes comprehensive security testing and assurance, receiving continuous security support and consultation. This sets a new benchmark in the field of Web3 security, providing a replicable model and standard for other projects.

Zero-Knowledge Proof Practices

By utilizing zkSync's zero-knowledge proof technology, SyncSwap achieves low latency, low fees, high throughput, and strong privacy for decentralized transactions. This represents a significant advancement within the zkSync ecosystem, providing users with an efficient and convenient trading experience, while offering other projects a reference for technical solutions and best practices.

Advancement of the Web3 Ecosystem

The collaboration between MetaTrust and SyncSwap also facilitates communication and collaboration within the Web3 security field and the zkSync ecosystem, offering a learnable collaboration model and platform for other projects. Both parties will share their resources, technology, and experience, contributing to the construction of a more secure, trustworthy, and efficient infrastructure for Web3.

The development of the Web3 security field and the zkSync ecosystem is crucial not only for the innovation and application of blockchain technology but also for the protection of users' assets and privacy. The partnership between MetaTrust Labs and SyncSwap provides a strong driving force and exemplary effect for both of these domains. It is believed that MetaTrust Labs and SyncSwap will continue to leverage their respective strengths, bringing further breakthroughs and advancements to the field of Web3 security and the zkSync ecosystem, while contributing more value and power to the Web3 industry and community.

About Us

At MetaTrust, our primary focus is on creating a secure infrastructure that caters to the needs of developers in the WEB 3.0 space. We offer an array of AI-Driven automation tools and security services to assist Web3 developers and project stakeholders in achieving a secure development environment.

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