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security-and-audits.md

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Security and Audits

Audits

BendDAO protocol has been implemented with security as the top priority. The system has been designed to be safe and secure, and we have spent all the necessary resources in order to ensure that the protocol matches the highest security standards.

Below are the links to all audit reports for BendDAO.

Auditor Date Report
Verilog Solutions 2022-05-26 https://www.verilog.solutions/audits/benddao/
Certik 2022-04-01 https://www.certik.com/projects/bend-dao

{% hint style="info" %} Regarding the Unresolved Major issues in the Certik report:

  1. For the risk of centralization, BendDAO has deployed Timelock Controller and Multi-Signature Wallet, please read the details here.
  2. For the NFT Oracle, BendDAO has adopted various solutions such as backup nodes, time weighting, and threshold checking, please read the details here. {% endhint %}

Timelock Controller

BendDAO has set the owner of all bend lending protocol contracts to 24 hours time lock controller address.

BendDAO has set the owner of all bound NFT protocol contracts to 7 days time lock controller address.

Name Duration Address
BendDAO Timelock 24 Hours 0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214
BoundNFT Timelock 7 Days 0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e

Multi-signature Wallet

BendDAO has used multiple Gnosis Safe Multi-signature wallets in contract upgrading and treasury fund.

BenDAO will transfer the Multi-signature wallet to the community after the Multi-signature election.

Wallet Name Wallet Type Address
Init Token Distribution Gnosis Safe 0x16729FaD4DfD9F7c50f3b52a5deaF842D2c609B7
Reserve Treasury Gnosis Safe 0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B
Timelock Proposer 1 Gnosis Safe 0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C
Timelock Proposer 2 Gnosis Safe 0xF1465c7Ea04765853Facc2D1ea68bc6e47bE90e1
Timelock Admin Gnosis Safe 0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C