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Standard Protocol partnered with Smart State to verify its authenticity in the market ahead of the STND IDO launch. After analysing the functionality and competence of the smart contract, Smart State deemed that STND was off to a great start.
Based on a meticulous inspection of the contract, the nature of the vulnerabilities discovered, their exploitability, and the potential impact assessed, the level of risk for the organization is rated low and the overall security rating leans towards high.