PureFi receives a grant from Anatha
We have received a grant to develop an analytical system that will eliminate bots abusing the rewards system — Anatha Torus.
PureFi, a decentralized protocol for onboarding institutional investors into DeFi through analytics, compliance, and security solutions, has received a monetary grant from Anatha to bring PureFi Token Analytics service onto their network and unlock its power for the better.
PureFi Token Analytics is an analytics tool for various crypto projects to understand its token’s on-chain state (e.g., amount of holders, coins on hand, organic vs. artificial volume)
The decision to grant PureFi monetary support came after Anatha became the debut client of PureFi Token Analytics and truly appreciated its benefits.
Anatha is a network (blockchain built using Cosmos/Ignite), a nexus (application layer), and a token (ANATHA).
The heart of Anatha is an economic mechanism — Anatha Torus, hardcoded into the protocol layer of its blockchain, that distributes value generated on its network — through a series of financial and social services — automatically and continuously to the network participants.
One of them is the Anatha Nexus, a series of applications — available on desktop and mobile — that provide a set of interconnected services. These services, in turn, generate value on the network that is continuously and automatically returned to the network participants, creating a bottom-up Universal Basic Income (UBI) that can lift all participants above the global poverty line.
As a part of the loyalty reward strategy, Anatha’s users automatically receive $ANATHA tokens daily once they register. Unfortunately, a bot attack has exploited Anatha’s reward mechanism to receive free tokens in mass quantities, which is why we have joined forces.
PureFi has developed an analytical system to test the new incoming Anatha users and analyze their wallets’ behavior through behavioral analysis to differentiate the bots from the legitimate users. The ultimate goal of PureFi is to block the bots and restrain them from abusing the system.
Slava Demchuk, PureFi CEO comments:
“We are beyond flattered that another PureFi service has been so highly graded and truly appreciated for the value it brings. I believe that together with Anatha, we can open the new possibilities of CyberSec services for the best of the DeFi industry,”
Ed Deleon, Anatha Founder & CEO, adds:
“DeFi promises a financial system that’s inclusive of everyone everywhere, removing the cruel barriers of legacy finance that leave billions unbanked. But that promise can be exploited by bad actors. With the help of PureFi, Anatha can securely bring the benefits of DeFi to more people all over the world,”
About PureFi Protocol
PureFi Protocol allows dApps to fully comply with local and global regulations while preserving decentralization and user anonymity.
Developed by AMLBot in partnership with Hacken Foundation to provide a full-cycle solution for crypto asset analytics and AML/KYC procedures for the Web3 infrastructure.
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