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BENQI Liquidity Market
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BENQI Liquid Staking
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Benqinomics
Risks & Audits
Smart Contracts Risks
The protocol will be interacting with a number of smart contracts, all of which imposes risks. This can be both known and unknown risks that could result in the failure or vulnerability on the smart contracts which could result in assets being locked or lost forever.
Liquidation Risks
Assets that are supplied or borrowed on the protocol could fluctuate in value due to the systemic risks of the issuing platforms or market volatility, including the loss of peg of certain pegged assets. This could result in the liquidation or closing of a user's position.
Audits
BENQI will be continuously pursuing security audits for the protocol.
However, security audits don't eliminate risks completely. Please do not supply your life savings, or assets you can’t afford to lose, to BENQI, especially as a liquidity provider.
BENQI Liquidity Markets
May 2021 - Halborn Audit (Smart Contracts)
Benqi_Smart_Contract_Security_Audit_Halborn_v1_1.pdf
6MB
PDF
BENQI Liquid Staking
November 2021 to February 2022 - Halborn Audit (Smart Contracts)
Benqi_LiquidStaking_Smart_Contract_Security_Audit_Report_Halborn_Final.pdf
3MB
PDF
April 2022 - Certora Formal Verification
benqiApril2022.md-Grip.pdf
375KB
PDF
Last modified 10d ago
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