Velocitimeter V4
Rating
Score88.00
Sec. Infrastructure Overview
Recent Security Incidents
Incident
Amount Lost
Date
Past Audits
2
24
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
53
0
Code Summery
The main purpose of the DeFi application is to enhance liquidity provision through the introduction of veLPs, which utilize Liquidity Pool tokens instead of just VM reward tokens. This upgrade ensures that liquidity providers have a vested interest in the system, as veLPs are tied to actual liquidity rather than merely reward tokens. Additionally, the distribution of option token exercise fees has been refined, directing them solely to veLP holders and paid out in a lump sum at the end of each epoch. The emission schedule in V4 is designed to be more efficient, adjusting based on the number of active gauges to prevent wasteful early emissions, while allowing anyone to create gauges under specific conditions.
Centralization
13 out of 20
No upgradability
Go to Dapp
2.00
Poor
Excellent
Admin / Governance Functions
Timelocks
Uses Timelocks
Pauseability
No pause
Admin Wallet
Admin can set router, update pairFactory, can withdraw stuck ERC20s
Guages can be paused
Timelock on mint
Recommendations
Any issues created by front running the distribute function on voter after epoch flip ( doing actions on the protocol after epoch flip but before the distribute call was executed ) are acceptable risk unless it' high severity Any issues related to variable blk in the Point structure (VotingEscrow) are acceptable risk unless it' high severity Any issues related to views balanceOfAtNFT,totalSupplyAt (VotingEscrow) are acceptable risk
User Rating
No ratings
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