DeFi Saver and security
All of the actions performed using DeFi Saver are done in a trustless manner using logic stored in DeFi Saver’s smart contracts.
Audits
DeFi Saver Automation has been audited in February 2021 by Dedaub and you can find our brief summary post here.
Smart contracts powering the new DeFi Saver architecture and the Recipe Creator have been audited by ConsenSys Diligence and Dedaub. You can find more info in one of our blog posts, as well as both of the reports here.
Additionally, we've had audits from Optimism in 2024, along with another audit from Dedaub.
We want to highlight the importance of external audits and note that all feature releases and integrations will be audited before they are deployed in production.
All of the aforementioned, and future audits can be viewed in more detail here.
Insurance
We are looking into adding options of utilizing DeFi insurance protocols directly within the app in the future and will share any details on this as soon as this functionality is ready.
Historical security issues
As of now, there have been two security incidents at DeFi Saver:
Exchange vulnerability discovered in June 2020, affecting users of our separate Exchange users from early 2020 until that point. No funds were lost or stolen. No other parts of the app were affected. More info can be found here.
Compound import (migrate) contract vulnerability discovered in January 2021, affecting users that specifically used the import (migrate) option for their Compound position. No funds were lost or stolen. No other parts of the app were affected. More info can be found here.
Related articles:
Smart Contracts
Wallet Compatibility
How to stay safe using DeFi Saver?
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