Midas
Rating
Score59.00
Sec. Infrastructure Overview
No Bug Bounty
Recent Security Incidents
Incident
Amount Lost
Date
Past Audits
2
9
1 Jan 1
Past Audit Reports
Last codebase change was on: 1 Jan 1
- CompanyDateNumber of Vul FoundLink
- 1 Jan 10
- 1 Jan 10
Code Structure
0
121
0
Code Summery
Midas is a DeFi application aimed at providing institutional-grade financial products through blockchain technology. The platform focuses on creating secure, transparent, and efficient structures that allow investors to access select reference strategies in tokenized formats. Midas ensures compliance with regulatory frameworks in Europe and globally, emphasizing clarity of investor rights and responsible building practices. The team behind Midas includes experienced professionals from traditional finance and tech, who are dedicated to integrating real-world assets into DeFi and expanding the company' presence across both decentralized and traditional finance sectors. Backed by renowned investors, Midas is committed to democratizing access to high-quality financial products.
Centralization
18 out of 20
No upgradability
Go to Dapp
2.00
Poor
Excellent
Admin / Governance Functions
Timelocks
Uses Timelocks
Pauseability
Can be paused
Admin Wallet
onlyRole() - Checks if the permissioned function is being called by an address with its respective admin role (i.e. M_TBILL_MINT_OPERATOR_ROLE in the case of issuance). onlyNotBlacklisted - Checks that from and to addresses are not currently assigned the BLACKLISTED_ROLE.
mTBILL can be paused
No Timelocks
Recommendations
mTBILL Pricing: The system currently assumes that the price of one USDC is equal to one dollar. This is intened, as the conversion routes through the Issuer, where the quoted price is always one dollar. We currently have no plans to accept alternate stablecoins. Minimum Deposit Check: The minimum deposit threshold is only applied to first-time depositors due to the condition in the validateAmountUsdIn() function. This is intended, as this validation is only required for a user'st deposit.
User Rating
No ratings
Disclaimer:
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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