⚠️Risks and Mitigation

HyperSPAC3 is committed to addressing the various risks that could impact the success of the project. In addition to the general risks associated with cryptocurrency and decentralized systems, smart contract vulnerabilities pose a potential risk. To manage this, HyperSPAC3 will use battle-tested decentralized applications (dApps) and smart contracts that are backed by the Solana Foundation. These tools have already undergone rigorous security audits and have been tested within the Solana ecosystem, significantly reducing the risk of exploits.

The use of Solana-backed infrastructure ensures that HyperSPAC3 avoids the challenges of custom-built smart contracts, which can be prone to vulnerabilities. By adopting these battle-tested dApps, we ensure that the project operates on secure, reliable, and well-supported technologies that have been proven in the industry.

The project will also:

• Conduct regular security audits of all smart contracts to ensure up-to-date compliance with security best practices.

• Work with trusted blockchain security firms to verify contract safety before deploying any updates or new contracts to the network.