🕵️Security and Privacy
API Key Security
The Pegasus bot takes security seriously. Thanks to Account Abstraction Technology, all the users funds will be secured on verified smart contracts. There will be no need to KYC from our users and the protocol will be 100% decentralized and transparent.
Unlike many recent bot crazes where users have to generate and manage private keys, this new approach takes a different route. In this innovative system, users don't need to deal with private keys directly. Instead, they can send their funds to a specialized smart contract designed to function as a smart account. This smart contract acts as a secure intermediary, managing and processing transactions on behalf of the users. By leveraging the capabilities of smart contracts, this new paradigm offers enhanced security and convenience for users, as they no longer need to worry about the complexities of handling private keys. Funds are safeguarded within the smart contract, ensuring a seamless and user-friendly experience in managing their digital assets.
After deploying the contract and fulfilling the required conditions, only a smart account managed by Biconomy will have the privilege of performing order placement functions. As a result, only you will have access to the contract funds. This exclusive access ensures that you alone control the management and use of the funds, offering a high level of security and ownership.
Last updated
