In 2017, Sam began exploring the world of cryptocurrency, initially delving into automated trading bot strategies on centralized exchanges. During DeFi Summer, he participated in the Hack Money hackathon and developed an arbitrage bot on Polygon, specializing in flashloans.
Drosera is the first and only decentralized incident response protocol that leverages hidden security intents to contain and mitigate exploits.
Mitigate over 90% of exploits and save billions of capital from exploiters.
Exploits that could have been mitigated by Drosera
Nomad stakeholders could have setup a Drosera Trap capable of detecting a 30% TVL siphon over a 1 block range and prevented continued draining of Nomad Pools.
Euler stakeholders could have setup a Drosera Trap that detects bad debt growth via a sophisticated validity check. If the bad debt threshold is triggered then an automated emergency action could have mitigated exploits which took place over multiple transactions.
Products & Features
Drosera is a security marketplace where protocols can set a Trap that determines whether an emergency response should be triggered.
The Trap is a smart contract which defines emergency conditions but never deployed on-chain. Drosera hides a protocol's security intents.
Drosera Operators monitor protocols by evaluating a Trap's emergency conditions for every new block. When emergency conditions are met, Operators execute a protocol's on-chain emergency response upon consensus.
FDR is an honor graduate of the National Security Agency's Joint Cyber Analysis Course and a former defensive cyber operator for 600 Cyber Protection Team at United States Army Cyber Command.
Kratos is an absolute weapon. Previously the lead engineer for the research and development team at BitGo, he was the mastermind behind pioneering projects such as the Harbor Wallet.