Security
Seikai is designed from the ground up to be non-custodial and secure. You maintain complete control of your funds while benefiting from automated optimization.Non-Custodial Architecture
Your Assets, Your Control Your funds live in a smart contract account that you own and control completely. Seikai operates as an agent within your account, not as a custodian of your assets. How It Works:- You own the smart account containing your funds
- Seikai operates through limited permissions you grant
- You can revoke access or withdraw funds at any time
- No one else can access or control your assets
Smart Account Security
Advanced Wallet Technology Your Seikai account is a smart contract wallet with enhanced security features beyond traditional wallets. Key Benefits:- Programmable permissions that limit what actions can be taken
- Session key management for automated operations
- Recovery options that don’t rely on seed phrases alone
- Upgrade capabilities for future security improvements
- Multiple signature schemes for enhanced protection
- Time-locked operations for large transactions
- Emergency pause functionality
- Audit trail of all operations
Session Key Permissions
Granular Control Over Automation Session keys enable Seikai to operate on your behalf within strict, predefined limits. Permission Structure:- Function Scope: Only specific operations (deposit, withdraw, claim)
- Contract Allowlist: Only vetted, audited protocols
- Amount Limits: Maximum transaction sizes you set
- Time Restrictions: Expiration dates for added security
- Move funds between approved protocols
- Claim and compound rewards
- Execute swaps on whitelisted DEXs
- Optimize positions within your parameters
- Access funds in other wallets
- Interact with non-approved contracts
- Exceed your specified limits
- Upgrade or modify your account permissions
Protocol Security
Vetted DeFi Integration Seikai only integrates with protocols that meet strict security criteria. Protocol Selection Criteria:- Security audits by reputable firms
- Track record of safe operations
- Adequate insurance or risk mitigation
- Transparent operations and governance
- Yei Finance: Established lending protocol with strong security
- Takara Lend: Audited lending platform with conservative parameters
- Sailor (coming soon): DEX with concentrated liquidity for future Liquidity product
- Real-time protocol health assessment
- Unusual activity detection and response
- Community security alert integration
- Emergency withdrawal procedures
Risk Management
Multi-Layer Protection Seikai employs multiple strategies to protect your assets and minimize risks. Portfolio Risk:- Position size limits to prevent overexposure
- Diversification across protocols when possible
- Liquidity requirements for all positions
- Stress testing under adverse conditions
- Comprehensive smart contract audits
- Gradual rollout of new features
- Kill switches for emergency situations
- Regular security reviews and updates
- Conservative rebalancing thresholds
- Slippage protection on all trades
- MEV protection where applicable
- Real-time market condition monitoring
Transparency & Auditability
Open and Verifiable Operations Every action Seikai takes is transparent and auditable on the blockchain. What You Can Verify:- All transactions and their purposes
- Smart contract code and permissions
- Protocol interactions and timing
- Yield calculations and fee deductions
- Smart contract audits available on request
- Regular security reviews by third parties
- Open-source components where possible
- Community bug bounty programs
Emergency Procedures
What Happens If Something Goes Wrong Seikai has multiple safeguards for unusual situations. User Controls:- Instant pause of all automated operations
- Emergency withdrawal of all funds
- Permission revocation to stop Seikai access
- Direct protocol interaction if needed
- Automatic pause on unusual market conditions
- Circuit breakers for rapid price movements
- Failsafe withdrawal mechanisms
- 24/7 monitoring and response team
Remember: While Seikai implements extensive security measures, DeFi always carries inherent risks. Never invest more than you can afford to lose, and always understand the protocols you’re using.