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# System prepended metadata

title: 'Spyd3r W3b : An introductory article'

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Spyd3r W3b is a DevSecOps Tool aimed towards blockchain implementations. 
- Dapp development and maintainence, Smart contract security and alerting, Platform performance and analytics and finally organisation management are the Pillar concepts of Spyd3r W3b.
- The lack of Advanced development and maintainence  facilities for Onchain deployments and their coordination with auxilary offchain implementation which drive an entire Dapp and the organisation behind it led us to the creation of Spyd3r W3b.
- Builders can maintain ,Take organisational decisions, Streamline processes, Automate upgrades and versioning,Monitor and regulate onchain activities all through Spyd3r W3b.
- The Key responsibilty Spyd3r W3b will be taking is Enabling businesses of various spectrum to enter the Web3 world.
- Spyd3r W3b is also to heavily influence the Inflow of userbase to blockchain as it will have versions of the tools  enabling both Builders and Users.

# Key Features 

## Real-time Security and contract monitoring

This being the core utility provided by Spyd3r W3b provides 2 crutial Utilites 
- Smart contract Monitoring and Frontrunning
- Event driven Alerting system to various platforms 

### Security and threat mitigation


These majorly deal with providing a multilayer security and threat mitigation for already deployed Dapps.

Attack mitigation ranging from blacklisting the user to Pausing the smart contract upon owner/role defined conditions are automated by this.

* **Transaction Pattern Monitoring**: Spyd3r W3b constantly monitors transaction patterns from specific wallets or contracts to other contracts on the blockchain.
* **Latest Attack Pattern**: The system is continually updated with information on the most recent attack patterns and hacking methods.
* **Attacker Preemptive Detection**: Spyd3r W3b can identify probable attacker transactions even before they are carried out .
* **Countermeasure Deployment**: As soon as a suspicious transaction is discovered, Spyd3r W3b immediately takes appropriate action based on pre-established countermeasures established by the contract deployer.
* **synthetic Transaction Environment**: Spyd3r W3b builds a simulated environment to test the suspicious transactions after putting the countermeasures in place on the live blockchain And provides a report of transactional events for proper human analysis for virification of false positives.
* **Customizable Countermeasures**: The contract deployer can define specific countermeasures based on their unique Dapp or smart contract requirements.
* **Minimizing Damage**: By catching and neutralizing threats before they can execute, Spyd3r W3b helps minimize the damage caused by potential attacks, safeguarding user funds and data.
* **Auditing and Compliance**: Spyd3r W3b's detailed reports and alerts can serve as valuable documentation for auditing purposes and demonstrate compliance with security best practices.


> Even though Spyd3r W3b is capable of detecting and mitigating an attack it cannot fully ensure the safety of entireity of assets.
> Spyd3r is not a substitute to onchain secure smartcontracts.
>  A well written smart contract with a formal and peer audit is always the first and important layer of security.


> ### We will understand the basic working of threats spyd3r W3b detects and prevents [here](https://hackmd.io/@UZefrcjJRqqup81fgbVkVw/HJmb-2J53)

### Event driven alerting and messaging 

The robust event-driven alerting and messaging functionality offered by Spyd3r W3b is designed to meet the demands of both users and investors in the blockchain industry. As a user, you may customise your alerts to get timely notifications for particular transactions or activities in order to keep updated about on-chain changes and pertinent occurrences. Investors, on the other hand, may keep a careful eye on their assets and get personalised notifications when important things happen that affect their portfolios. With Spyd3r W3b, users and investors can easily actively manage their blockchain activities and investments, make well-informed decisions, and react quickly to market changes.

The events that happen on-chain are not notified or relayed to the users directly. 
Spyd3r W3b enables users to be informed about the changes that happen on-chain and are relevant to them. 

The users get a very easy UI enabling them to choose what information and changes on the blockchain to be notified. They get to choose a wide range of platforms aswell as our in-app inbox and widget extensions.

#### For Buidlers and Organizations

The buidlers can subscribe to any onchain events that occur in the contracts that they use spyd3r W3b with. The utility of this is not limited to but can be seen in the following perspectives

- Alerts when there is **Asset inflow/outflow** from treasury as to who claimed it and and how much
- **Smart contract upgrades** and change of proxy implementations
- **Mint/Burn actions** in ERC20s & ERC721s
- **Critical events** in any of the smartContracts that have to be informed to the owner and everybody involved in it 
- Increased transactions to smart contracts
- reduced liquidity in pools
- Onchain action Datalogs and information for Dapp frontends 
- **Governance proposals** and voting results in blockchain-based governance systems
- Changes in account permissions or access control in smart contracts
- Changes in oracle data or price feeds
- Governance actions and **voting outcomes** in decentralized autonomous organizations (DAOs)
- Token **vesting schedules** and release of locked tokens for Buidlers who have recieved grants/investments and schedule payouts and rewards

#### For Explorers and Investors

* **Customised Portfolio Monitoring** enables investors to create individualised notifications for certain investment-related occurrences. For instance, you may set up notifications for token transfers, significant token holder activity, or governance-related events if you own tokens in a certain project.
* **Identifying Important Events**: Investors may react swiftly to important market developments or updates pertaining to the projects they have invested in by being able to get notifications on Important Events in Real-Time. This aids in risk management and opportunity maximisation.
* **Monitoring Project Activity**: Investors may keep an eye on the progress of the initiatives they've funded. Investors may monitor the development of the project by setting up alerts for important indicators like total asset inflow, outflow, or any other pertinent on-chain activity
* **Personalised Alert Settings**: The Spyd3r W3b platform allows you to select from a variety of on-chain events and modifications. For instance, you may enter the event name or choose it from a list of predefined possibilities to build a customised alert setting for when you exchange tokens on Uniswap or carry out any other transaction on the blockchain.
* **Real-time Notifications**: After configuring your alert choices, Spyd3r W3b will continuously check the blockchain for the events you've defined. You will get immediate notifications via your preferred channels, such in-app inbox messages, email, or push notifications, whenever the specified event happens.
* **Market Sentiment Analysis**: Event-driven alerts can also provide valuable insights into market sentiment. Investors can analyze how the community and other major holders are reacting to specific events or updates, helping them gauge the overall sentiment around a project.
* **Proactive Decision Making**: By receiving timely notifications on specific events, investors can take proactive actions, such as adjusting their positions, participating in governance decisions, or taking advantage of investment opportunities.


## Analytics and Engagement

On-chain analysis is a crucial aspect to successful investments and the public sentiment towards the product.
It enables users and the Dapps alike to better understand each other.

#### For Buidlers and organisations :-

* Spyd3r W3b enables Dapps with Data like active wallets, total asset inflow, and outflow in the platform. This provides crucial insights into the overall finances
* Identify participating wallets and their interaction patterns. Combined with social impact analysis, this becomes a powerful tool for Dapp creators and investors, allowing them to gauge community sentiment.
* **Onchain vault tracking and revenue analysis**. Builders and organizations can monitor their on-chain vaults, analyze revenue streams, and track expenditures, helping them make informed financial decisions.
* **Understanding User Sentiment on DAO driven platforms**. For decentralized autonomous organization (DAO) platforms, on-chain analytics enables a better understanding of user sentiment, which aids in aligning the project with the community's interests.
* **Smart Contract Analysis**. Builders can examine smart contract performance, identify vulnerabilities, and improve security and stability.
* **Transaction Analysis**. Gain insights into transaction history, volume, frequency, and average transaction value, helping optimize user experience.
* **User Behavior Tracking**. Analyze user interactions, identify popular features, and improve user engagement and satisfaction.
* **Token Analytics**. Evaluate token distribution, circulation, and liquidity to make informed decisions on tokenomics and management.
* **Market Sentiment Analysis**. Combining on-chain and social impact analysis helps gauge market sentiment and community response.
* **Real-time Monitoring**. Stay up-to-date with key metrics in real-time for quick responses to emerging issues and opportunities.
* **Data-Driven Decision Making**. Base decisions on on-chain data for more informed choices and project success.
* **Improving User Trust**. Transparency through on-chain analytics enhances user trust and attracts more users and investors.

#### For Investors and explorers :-

* **Investment Decisions**: Before making an investment, investors may utilise on-chain analytics to evaluate the general health and activity of a decentralised application (Dapp) or blockchain project. They may assess the project's popularity and growth potential by looking at variables like active wallets, asset inflow, and outflow.
* **Finding User Trends**: On-chain analytics can show how users engage with the Dapp and what kind of behaviour they exhibit.
* Investors can examine tokenomics data from on-chain analytics to evaluate token metrics for projects that use native tokens. This includes indicators for token circulation, distribution, and liquidity that can aid investors in understanding the token's utility and prospective value growth.
* Users and investors may keep an eye on a Dapp's revenue and expenses on-chain to determine the viability of a project. This data can shed light on the project's capacity for income generation and financial sustainability.
* **Market Sentiment Analysis**: By combining on-chain analytics with social impact analysis, consumers and investors may better understand how the project is viewed by the wider community.
* **Risk assessment**: Users and investors may evaluate the degree of risk involved with using the Dapp or investing in the project by keeping an eye on compliance and security data given by on-chain analytics. For decision-making that takes into account risk, this knowledge is crucial.
* **Verifying Project Claims**: On-chain analytics information may be utilised to validate the project's claims.

In summary, Spyd3r W3b's on-chain analytics and engagement tools empower builders, organizations, users, and investors in the blockchain space. It provides crucial insights into user behavior, smart contract performance, and market sentiment for better decision-making, improved user experience, and increased transparency in the ecosystem. With real-time notifications and event-driven alerts, users and investors can stay informed and make well-informed investment choices. Spyd3r W3b contributes to a more secure and successful blockchain environment, fostering growth and trust in decentralized applications and projects.