Audits
Protects
Smart contract security
Lowers smart contract risks
In web3, an audit is an extensive code analysis by (usually) third party companies and individuals. The aim of audits is to find potential risks to user or protocol funds. Any risks that these parties find, whether from external or internal sources, is highlighted and reported back to the team. It is up to the team to either resolve, mitigate or acknowledge the reported risk, but whichever choice they make, it is recorded in the official audit report.
While an audit by a reputable auditor (like Peckshield) does not guarantee good security, it does greatly increase the chances.
Audits are made to be readable for the general public, so if you can't read code, don't worry. At the start of every audit there is a small overview, showing the amount of informational / low / medium / high vulnerabilities found, as well as the team's response to the found vulnerability. If you have never seen an audit before, give a couple of them a look. Always good to understand the risks associated with getting into a protocol. If you need any help on reading an audit report, feel free to jump in our Discord. We are happy to help.
One of DeltaPrime's doxxed advisors: Jakub Wojciechowski has been an independent auditor for one of the leading auditing companies OpenZeppelin. Together with the rest of the development team, he goes through all of the updated code before it is put up for audit by an external auditor. When we talk about the number of audits that DeltaPrime has had performed, we do not take any internal audits into account.
Good external audits are expensive, generally ranging anywhere from 20-150K. For this reason there are many protocols that have a hard time on deciding whether or not to get an audit for their code. With DeltaPrime we believe that proper security is not something that should be compromised on. For this reason DeltaPrime has one of the, if not the, most heavily audited codebases in DeFi for its age.
Audits
To date, ten audits have been finalized: four by PeckShield; one by independent auditor Piotr Szlachcia, another one by Chainsulting, one by ABKD, one by BlockSec and two by AstraSec. As DeltaPrime develops, additional audits will be performed to provide maximum security.
You can find all audits on our GitHub below.
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