We have been informed that the Uniglo team has gone MIA.
Paladin‘s role as an audit company is to ensure that the smart contracts are secure to a high degree of confidence. However, we are unable to give our opinion on other aspects of the project such as tokenomics or the reputation of the team.
The smart contracts that we audited remain the same as they are immutable on the blockchain; however, we have no insight in how the project team will run their project. Users of the protocol will have to do their due diligence and assess whether any project is a safe investment.
We urge all users to look into other aspects of the protocol such as whether the team has completed any KYC or their track record. Users should also check if the protocol audited all their contracts or only some of them, as a partial audit is also a red flag.