Plaza Finance
Rating
Score83.00
Sec. Infrastructure Overview
No Bug Bounty
Recent Security Incidents
Incident
Amount Lost
Date
Past Audits
3
49
1 Jan 1
Past Audit Reports
Last codebase change was on: 1 Jan 1
- CompanyDateNumber of Vul FoundLink
- 1 Jan 10
- 1 Jan 10
- 1 Jan 10
Code Structure
0
37
0
Code Summery
Plaza is a DeFi application designed for on-chain bonds and leverage on the Base platform. It operates through a set of Solidity smart contracts and offers two main products: bondETH and levETH, which are programmable derivatives of ETH liquid staking derivatives (LSTs) and liquid restaking derivatives (LRTs). Users can deposit assets like wstETH to receive these ERC20 tokens, which can be used across various protocols such as DEXes and lending markets. The application functions in a permissionless manner, allowing anyone to execute its core functions, and includes user functionalities such as creations, redemptions, and coupon claiming, along with mechanisms like merchant auctions and distributions. Additionally, it relies on Chainlink Price Feeds to determine asset values during the creation and redemption of derivatives.
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
0x
No Timelocks
Recommendations
Functions like distribute(), startAuction() at Pool or endAuction() at Auction contracts are meant to be called by anyone for legal reasons. Those methods have the appropriate constraints so they can only be called at the appropriate time. Also Bond holders are incentivised to execute those in order to get their coupons paid.
User Rating
No ratings
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