Libra Finance Smart Contract Audit: Ensuring Robust Security in DeFi Protocols
Libra Finance, a decentralized finance (DeFi) protocol operating on the Astar Network, has undergone a comprehensive security audit to assess the integrity and safety of its smart contracts. Conducted by EtherAuthority, a leading provider of smart contract security and EVM blockchain development services, this audit aims to identify potential vulnerabilities and ensure the protocol’s resilience against malicious attacks.
Audit Overview
The audit encompassed a thorough examination of the Libra Finance smart contracts, including:
- Stake Contract: Manages user deposits and rewards.
- Treasury Contract: Handles the protocol’s funds and financial operations.
- Boardroom Contract: Facilitates governance and decision-making processes.
- Bond Contract: Manages the issuance and redemption of bonds.
- Libra Token Contract: Governs the LIBRA token’s supply and distribution.
- Share Token Contract: Oversees the distribution of share tokens.
- Oracle Contract: Provides external data feeds to the protocol.
- Reward Pool Contracts: Distribute rewards to participants.
The audit utilized a combination of manual code review and automated tools such as Slither, Solhint, and Remix IDE to identify potential issues.
Key Findings
The audit revealed:
- No Critical or High Severity Issues: The smart contracts were found to be secure with no critical or high-severity vulnerabilities.
- Low and Very Low Severity Issues: Two low-severity issues and several very low-severity issues were identified.
- Owner Control: Certain contracts contained owner control mechanisms, which may impact decentralization
These findings were addressed promptly, with the identified issues being fixed or acknowledged in the revised code.
Conclusion
The comprehensive audit of Libra Finance’s smart contracts confirms the protocol’s commitment to security and transparency. By proactively identifying and addressing potential vulnerabilities, Libra Finance demonstrates its dedication to providing a secure platform for its users. The audit report serves as a testament to the protocol’s robustness and reliability in the DeFi ecosystem.
For more detailed information, you can access the full audit report here: Libra Finance xyz Protocol Smart Contracts Security Audit-Report
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