Security

Understanding the risks associated with Liquis

Please reach out to security@liquis.app if you have a security disclosure

Audits

Audit 1 - Watchpug (July 2023)

A 4 week audit has been performed by Watchpug Security (https://twitter.com/WatchPug_). They were selected for their historical success on Code4rena as well as for their experience with similar systems like Equilibria.

Audit 2 - Halborn (August 2023)

A second audit has been done by Halborn Security (https://twitter.com/HalbornSecurity). They were selected given their previous work with Aura Finance from which the Liquis codebase stems.

Risks

Liquis Protocol is designed with an emphasis on safety and security, yet, the inherent risks associated with any DeFi smart contracts are present. Our contributors have conducted extensive reviews of the smart contracts and conducted third-party audits to detect potential platform vulnerabilities before launch.

However, the potential of partial or total loss of your funds due to certain risks cannot be disregarded:

  • Reliance on Ethereum

  • Smart Contract Vulnerabilities

  • Integrations with Bunni, Balancer, and Uniswap v3

  • Key Management

Economic Risk

Additionally, some sections of the site display information about reward rates, yield rates or other transaction-related rates. These rates describe additional tokens that could be earned through Liquis and might be presented as "APYs", "APRs", or other similar terms. These are forward-looking projections, which, despite being based on historical data, are subject to many simplifications, assumptions, risks, and uncertainties. These could lead to a substantial variation in the eventual token-denominated 'Rate.' While these rates are not meant to be exact predictions of the actual future Rate of a Pool, they serve as illustrative projections likely to be eventually inaccurate. Also, even rates denominated in terms of stablecoins like USDC are subject to de-pegging risks and may not accurately represent fiat-denominated returns.

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