Smart Contract Audit Completed with Beosin
We’re excited to announce that Panjea.io has completed a smart contract audit conducted by Beosin, one of the leading blockchain security firms in the space. This milestone is a key step in ensuring that our ecosystem can deliver our proposition with flair, innovation and precision, whilst remaining secure and transparent for all creators and participants.
Luke Jobling (CTO — Panjea) had this to say about the relationship:
We chose Beosin because they were efficient, incredibly responsive and communicative. The engineering pedigree and talent were delivered with proactive customer service that ensured we received prompt feedback and could therefore resolve advisory issues at speed, and we were thus able to complete the process ahead of our own internal schedule
Why We Did the Audit
At the heart of Panjea.io are smart contracts that power two critical parts of the platform:
1. Subscriptions & Posting
- When users subscribe or post, tokens are primarily burned, reducing supply and creating a deflationary dynamic.
- A small portion of these tokens is allocated to the ecosystem fund, which helps fuel growth, incentives, and development.
2. Reward Emissions
- Rewards on Panjea.io are based on attention, not just raw activity — users receive a portion of the daily emissions pool relative to the percentage of total engagement driven by their content.
- This means that meaningful engagement drives token distribution, ensuring creators and communities thrive from genuine participation rather than spam.
To ensure that these mechanics execute correctly, it was essential to bring in a trusted third-party auditor to review the contracts, confirm security, and validate our tokenomics logic.
The Role of Beosin
Beosin is recognized globally for its deep expertise in Web3 security.
Their team performed a comprehensive review of our smart contracts, focusing on:
- Code security and vulnerability detection.
- Logic validation for subscription/posting mechanics.
- Token burn and fund allocation flow.
- Accuracy of the attention-based rewards emission system.
The Results
We’re proud to share that Beosin’s audit found no critical vulnerabilities, and only minor recommendations were provided, which have already been addressed. The audit confirmed that:
- The token burn and ecosystem fund allocations function correctly.
- Reward emissions are calculated and distributed according to the intended design.
- The contracts meet security standards and follow best practices for smart contract deployment.
What This Means for You
For our community of creators, supporters, and explorers: this audit is another layer of assurance that Panjea.io is built on secure, transparent, and reliable foundations. We’re committed to openness, and the audit report will be made available to the public for review.
Next Steps:
- Final deployment of the audited contracts
- Continued monitoring and upgrades with community feedback
- Expansion of our ecosystem, knowing the foundations are secure
Panjea.io believes attention is the most valuable currency.
With this successful audit, we’re one step closer to making that belief a reality on-chain.
For more information please visit:
Play Free On Testnet: https://app-uat.panjea.io/
Find out more at our website https://panjea.io/
