Axion

Rating

Score71.00

Stablecoin

Sec. Infrastructure Overview

Current Bug Bounty:

No Bug Bounty

Bug Bounty Max Payout: 0 $

Has paid White Hats before:

Date of Last Audit: 1 Jan 1

Recent Security Incidents

Incident
Amount Lost
Date

Secured By

The Protocol is secured by

Name
Type
Website
0
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Past Audits

Number of Audits

1

Number of Vul. Found

10

Date of Last Audit

1 Jan 1

Past Audit Reports

Last codebase change was on: 1 Jan 1

Company
Date
Number of Vul Found
Link
1 Jan 1
0
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Show Code Locations

Show all Vulnerabilities

Vulnerabilities reported in past audits

Severity
Title
Location
Link
REDUCTED
REDUCTED
REDUCTED
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Code Structure

Lines of Code

0

Amount of Contracts

33

External Integrations

0 Code Summery

The Axion application serves as a DeFi-native stablecoin protocol designed to enhance capital efficiency and provide robust security. It aims to offer higher farming rewards compared to other secure stablecoins, thereby attracting users to participate in its ecosystem. The protocol emphasizes security and peg guarantees as foundational principles, ensuring that users can trust the stability of the stablecoin. Additionally, Axion incorporates advanced mechanics for supply growth and decrease, which are crucial for maintaining its value and usability in decentralized exchanges (DEXes). Overall, the application seeks to create a reliable and efficient stablecoin solution tailored for the decentralized finance landscape.

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Code Structure & Dependency

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Centralization

Decentralization Score

15 out of 20

Contract Upgradability

No upgradability

Frontend

Go to Dapp

Maintenance Score

3.00

Poor

Excellent

Admin / Governance Functions

Timelocks

Uses Timelocks

Pauseability

Can be paused

Admin Wallet

0x

Axion offers high-interest time-locked savings deposits (stakes) that earn rewards over a fixed period

Recommendations

The acceptable risk is that the paired USD token itself depegs. This will cause a local depeg of BOOST.

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SCAS conducts security assessments on the provided source code exclusively. Conduct your own due diligence before deciding to use any info listed at this page.

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