On this freezing winter evening, lets talk smart contract audits and recognize their importance within DeFi.
The core Echelon codebase is currently 🧊 frozen 🧊 undergoing its 4th audit with 2 more scheduled to start after Christmas.
By January Echelon will have received 6 audits:
- 2 from @osec_io (lending core, isolated lending, e-mode, lending leverage, ongoing updates & review)
- 2 from @zellic_io (lending core + Initia deployment, isolated lending)
- 1 from @code4rena (lending core, isolated lending, ve token & boosted farming contracts)
- 1 from @Quantstamp (comprehensive review)
No number of audits fully guarantee security. Smart contract risk is very real and a major reason behind the on-chain risk premiums across DeFi yields.
Even the MoveVM is not immune to economic errors or bugs in the code and all mainnet deployments should be reviewed extensively.
The Echelon contributors are committed to extensive auditing and proper precautions. Visit https://t.co/g7PN69jOHs to view Echelon's audit reports and operational security practices.