Hello Readers!!!
Here is an update following the EasyFi 2021 Q4 Roadmap announcement, above everything in any organization or setting especially a decentralized project or protocol, security is paramount and has to be ensured to put users' minds at rest.
Since the security incident, Easyfi Network team has been trying their possible best to ensure the same thing doesn't repeat itself and that their users have complete trust in the platform they invest their money in.
EasyFi network as the best layer 2 lending protocol on three different chains, Ethereum, Binance Chain, and Polygon has completed the lending protocol smart contract audit and the Lending Market to go LIVE soon on Polygon and Binance Smart Chain.
Below are the objectives of the Audit
The just-concluded audit will ensure that all the smart contract lending modules are prime to work for exactly what they are designed for.
Also going to identify possible security issues that may lead to any form of attack on the protocol smart contract and its functions.
Validates safety and correctness of the smart contract snd everything related to the protocol and how they interact with other smart contracts.
In 3 simple words, the audit has done the following;
- Analysis of the lending modules smart contract codes
- Penetration testing & vulnerability assessment
- Risk assessment and analysis.
The Full Audit Report can be found Here
See EasyFi Whitepaper
Thanks for Reading
