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Full-Time

Protocol Security Engineer

Posted on 6/27/2024

Osmosis Labs

Osmosis Labs

11-50 employees

Decentralized exchange for custom AMMs

Hardware
Fintech
Crypto & Web3

Mid, Senior

Remote in USA

Category
Cybersecurity
IT & Security
Required Skills
Communications
Requirements
  • Proven experience in security engineering with a focus on Web3 technologies - 3+ years.
  • In-depth understanding of blockchain security principles and cryptography (e.g., hash functions, digital signatures) - 3+ years.
  • Solid knowledge of smart contract vulnerabilities and exploitation techniques, ideally relevant to Cosmos (e.g., reentrancy, integer overflows, access control issues within Tendermint/Cosmos SDK) - 2+ years
  • Experience with security testing tools and methodologies for Cosmos applications (e.g., static analysis tools like Mythril, dynamic analysis tools) - 2+ years
  • Proficiency in programming languages commonly used in Cosmos development (e.g., Go for Chain, Rust for Smart Contracts) - 2+ years
  • Understanding of secure coding practices for Cosmos smart contracts and modules (e.g., secure coding for IBC applications) - 2+ years
  • Knowledge of bridge vulnerabilities and exploitation techniques for cross chain transfers - 1+ years
  • Excellent communication and collaboration skills.
  • Ability to work in a full remote and distributed environment
  • Strong analytical and problem-solving abilities.
  • Passion for Web3 and the ideally the Cosmos ecosystem.
Responsibilities
  • Collaborate with the development team to integrate security best practices and security as code into the entire development lifecycle, from initial design to deployment and automate security tests within the CI/CD pipeline.
  • Assess Existing Security and Implement security controls and measures to mitigate vulnerabilities in our software stack, including front-end, deployment architecture, smart contracts, and blockchain code
  • Strengthen security incident response protocols and lead security incident investigations when necessary, ensuring swift and effective resolution of security incidents.
  • Conduct thorough internal and external security audits of our smart contracts, protocols, and systems to identify and mitigate potential security risks and vulnerabilities.
  • Work closely with external auditors and security experts to ensure compliance with industry standards and best practices.
  • Proactively develop and implement detection-as-code to identify anomalous behaviors and attacks across the environment
  • Audit and address architectural flaws within the Cosmos & Osmosis stack to enhance overall system security and resilience.
  • Investigate vulnerability reports related to Osmosis products and systems
  • Stay up-to-date on the latest Web3 security threats and trends, and proactively propose solutions to mitigate them.
  • Participate in a global on call rotation to help respond to security alerts and incident escalations.

Osmosis Labs provides an automated market maker (AMM) protocol within the Cosmos ecosystem, allowing developers to create customized AMMs with their own liquidity pools. This platform enables users to design and manage trading environments, making it easier to swap and earn on a decentralized exchange. Osmosis stands out by offering community engagement and educational resources, fostering a supportive ecosystem for blockchain developers and DeFi enthusiasts. The company's goal is to empower these developers with the tools needed to build interchain applications and smart contracts.

Company Stage

ICO

Total Funding

$21M

Headquarters

null, Singapore

Founded

2021

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Simplify's Take

What believers are saying

  • The recent merger with Umee to create a DeFi Hub could significantly expand Osmosis's market reach and user base.
  • The launch of new features like concentrated liquidity and the Magnesium upgrade demonstrates Osmosis's commitment to continuous innovation and platform improvement.
  • Strategic partnerships and investments, such as those with Paradigm and Marin Ventures, provide financial stability and enhance the platform's credibility.

What critics are saying

  • The rapidly evolving DeFi market and regulatory uncertainties could pose significant challenges to Osmosis's growth and sustainability.
  • The complexity of integrating new features and upgrades, like the Magnesium upgrade, may lead to technical issues or user dissatisfaction.

What makes Osmosis Labs unique

  • Osmosis.zone's focus on the Cosmos ecosystem and its advanced AMM protocol allows developers to create customized liquidity pools, setting it apart from other DeFi platforms.
  • The platform's suite of developer tools, such as OsmoJS and Osmosisd CLI, provides a unique advantage for building interchain native applications and smart contracts.
  • Osmosis.zone's community-centric approach, including educational resources and community engagement, fosters a robust ecosystem that enhances user loyalty and platform growth.
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