{"type": "project", "title": "Veto", "logoImg": "bafkreiaza2ovqknnvgvg6jdafugilyqppcv2tldggubuzgylyt5uaqghyq", "website": "https://veto.systems", "bannerImg": "bafkreiaabnlqf4xy5o57vgqngcn2ekege43du7ouyurkzdcjw6aprlwyp4", "createdAt": 1685627792478, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..VPfoHIbaiN8NB4tRCId8Qq3Oa6jyK_IR4wBYFjtd8a3spxEpzb1CKnfMDu9JSb-PtY8i7UlEorDbDMSHRxnNAw", "type": "Ed25519Signature2018", "created": "2023-06-01T13:47:15.287Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-06-01T13:47:15.286Z", "expirationDate": "2023-08-30T13:47:15.286Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x74D45e31f3BF2a010081286b84436FaCDeb8955d", "hash": "v0.0.0:e25Ep82J5DPZIzYEpGQL4m3TaHfwdm3iactOVDZag5s=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#veto_systems"}}}, "description": "## Problem\n\nIn the rapidly evolving world of DeFi, the management of token and NFT allowances has emerged as a crucial yet complex aspect of user interaction with smart contracts. Users, especially those new to the DeFi space, may inadvertently grant excessive allowances, thereby exposing their digital assets to potential security risks.\n\n## Solution\n\nVeto is a platform specifically designed to address this issue by simplifying the management of token and NFT allowances. Our primary goal is to enhance security in the DeFi space by providing a user-friendly interface that allows users to easily review and manage their allowances. By facilitating the revocation of unnecessary allowances, Veto helps users protect their digital assets.\n\nIn addition to our platform, we also maintain a comprehensive blog that serves as an educational resource for users. Our blog posts cover a wide range of topics related to DeFi and blockchain technology, helping users understand the intricacies of the DeFi space and how to navigate it safely.\n\n## Plans for Funding\n\nThe funds received from the Gitcoin grant will be used to further develop and maintain Veto. This includes improving our existing allowance management tool, developing new features like the exploit checker, and expanding our educational content to help users understand and navigate the DeFi space safely. Additionally, a portion of the funds will be allocated towards operational costs such as server maintenance and the procurement of a reliable RPC node API to ensure the smooth running of our platform.\n\nWe are excited about the journey ahead and are deeply appreciative of the support from the Gitcoin community. With your help, we can continue to enhance the security and usability of the DeFi space.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "veto_systems"}
Veto
## Problem

In the rapidly evolving world of DeFi, the management of token and NFT allowances has emerged as a crucial yet complex aspect of user interaction with smart contracts. Users, especially those new to the DeFi space, may inadvertently grant excessive allowances, thereby exposing their digital assets to potential security risks.

## Solution

Veto is a platform specifically designed to address this issue by simplifying the management of token and NFT allowances. Our primary goal is to enhance security in the DeFi space by providing a user-friendly interface that allows users to easily review and manage their allowances. By facilitating the revocation of unnecessary allowances, Veto helps users protect their digital assets.

In addition to our platform, we also maintain a comprehensive blog that serves as an educational resource for users. Our blog posts cover a wide range of topics related to DeFi and blockchain technology, helping users understand the intricacies of the DeFi space and how to navigate it safely.

## Plans for Funding

The funds received from the Gitcoin grant will be used to further develop and maintain Veto. This includes improving our existing allowance management tool, developing new features like the exploit checker, and expanding our educational content to help users understand and navigate the DeFi space safely. Additionally, a portion of the funds will be allocated towards operational costs such as server maintenance and the procurement of a reliable RPC node API to ensure the smooth running of our platform.

We are excited about the journey ahead and are deeply appreciative of the support from the Gitcoin community. With your help, we can continue to enhance the security and usability of the DeFi space.
Veto