Decentralized Security
Last updated
Last updated
Our Commitment to Transparency: Multi-Signature Wallets for Maximum Security
To ensure the highest level of security and reliability for our token operations, we are implementing multi-signature wallets across Ethereum and Solana blockchains.
This approach eliminates single points of failure, ensuring that no single entity can unilaterally execute privileged operations. By requiring multiple independent approvals, we significantly reduce the risk of internal breaches, key compromises, and unauthorized access.
Decentralized Security Model – Token contract ownership and authority wallets are secured through multi-signature governance, requiring approvals from multiple independent trusted signers before executing critical operations.
Protection Against Internal and External Threats – Even if an individual key is compromised, malicious transactions cannot be executed without collective approval, ensuring maximum security.
Industry-Standard Protection – This model aligns with the highest security standards used by leading exchanges and institutional custodians.
Commitment to Trust and Transparency
On-Chain Visibility – We will publicly disclose key aspects of our multi-signature governance structure, allowing the community to verify its integrity.
Independent Oversight – Our multi-signature scheme includes key stakeholders and independent security specialists, ensuring no single party has unchecked control.
Regular Security Updates – Updates on our multi-signature structure, security practices, and additional protective measures will be continuously shared via our Whitepaper and official communication channels.
Long-Term Vision: Expanding Security & Governance
As part of our long-term roadmap, we are exploring further decentralization through DAO-based governance mechanisms, allowing token holders to participate in critical decisions related to protocol security and treasury management.
Thank you for your continued trust as we prioritize security, transparency, and the integrity of the Nomy Finance ecosystem.
