NO. When a project gets Assure DeFi KYC verified it is not a guarantee or does not imply the 100% legitimacy of a project. Keep in mind that although a KYC verification is a very strong deterrent, it is not a scam prevention method.
Safety for Investors in the DeFi space is not simple to provide. At Assure DeFi , we believe there are 6 primary things that contribute toward a safer investment environment:
1. Public leadership team, OR if anonymous leadership team, key team members professionally KYC verified
2. Audited code / safe code
3. Locked liquidity and Multi-Signature Treasury
4. Team tokens locked/vesting schedule
5. Cybersecurity attack vectors have been addressed
6. Centralized & complete information exists so investors can make informed decisions
None of the above makes a project safe on its own. However, when a project addresses all 6 of these items, investor risk is SUBSTANTIALLY reduced. This is the aim - we can do better, together.