HAPI Protocol

HAPI Protocol is a unique decentralized security protocol that aims to prevent and disrupt potential malicious activity within the blockchain space. It strives to achieve this by leveraging both external and off-chain data, as well as on-chain data gathered directly by HAPI. The protocol combines crypto intelligence data from multiple sources, providing information on malicious activity and compromised wallets. HAPI Protocol is not just a protocol, but a combination of various methods that aim to combat exploits within the blockchain ecosystems. It uses robust and technologically advanced tools to gain an edge in the battle against malicious intrusions.

HAPI Protocol works by integrating into decentralized exchanges (DEXes) and DeFi protocols to prevent illicit activities. It embeds smart contracts and routes each transaction through them, providing a unique cybersecurity solution. HAPI Protocol offers a publicly available check functionality that allows vetting an address on the previously involved malicious activity. It also enables anyone to report unlawful players to the database and alert those in the network in real-time. The protocol uses data from multiple sources and utilizes its own cybersecurity department, HAPI Labs, to aim to secure DeFi in an efficient way.

HAPI Protocol has three main use cases. First, it serves as a reporting and alert system, enabling anyone to report unlawful players to the database and alert those in the network in real-time. By staking HAPI and reporting malicious actors, users may contribute to enhancing the safety of the crypto space. Second, HAPI offers a publicly available check functionality that allows vetting an address on the previously involved malicious activity. This ensures that the address of an individual you are about to interact with hasn’t been engaged in any underhand schemes before. Lastly, HAPI Protocol can be integrated into DEXes and DeFi protocols to prevent illicit activities by embedding smart contracts and routing each transaction through them.

The history of HAPI Protocol is rooted in the need for enhanced security within the blockchain and cryptocurrency space. Recognizing the increasing threats and exploits within these ecosystems, the creators of HAPI Protocol sought to develop a solution that could provide robust, technologically advanced tools to combat malicious intrusions. The protocol was designed to leverage both on-chain and off-chain data, providing information on potential threats. HAPI Protocol includes a range of features, including a reporting and alert system, a publicly available check functionality, and the ability to integrate into DEXes and DeFi protocols.