/biz/ - Business & Finance

>>27871712
> Security Audit
Here is the medium article (https://reefdefi.medium.com/halborn-announces-reef-finance-security-audit-f6b826f4d313)) which links the specific audit (https://github.com/HalbornSecurity/PublicReports/blob/master/Solidity%20Smart%20Contract%20Audits/Reef_Finance_SmartContract_Halborn_Report_V1_1.pdf).). This is the most we've seen on the smart contract side as their github repos are private (https://github.com/reef-defi).).

The most revealing are the files names of the contracts at the time:

> * ReefBalancer.sol
> * ReefBasket.sol
> * ReefLiquidityBond.sol
> * ReefMooniswapV1.sol
> * ReefToken.sol
> * ReefUniswap.sol
> * ReefVaultsBasket.sol

> * ReefFarming.sol
> * ReefStaking.sol

We can also see the token contract on etherscan (https://etherscan.io/address/0xfe3e6a25e6b192a42a44ecddcd13796471735acf#code)) and bscscan (https://bscscan.com/address/0xf21768ccbc73ea5b6fd3c687208a7c2def2d966e#code).).

The audit provides links to the private repo, and we get to see some snippets of code. Looking at the suggestions what's been found looks like it came from an automated tool, and the lack of timeframe for assessment (which the company provides in other audits) does not give me the greatest of confidence.

Here we can guess a list of DeX integrations: Balancer, MooniswapV1 and Uniswap. Compared to my estimation using 1inch (>>27871712), this is somewhat disappointing. Ethereum DeFi protocols integrations (v1) Q2 2020 + Ethereum DeFi protocols integrations (v2) Q3 2020 is roughly 6 months. Having only 3 integrations compared to 16 puts into question the scope of the project (will it take this long to add a new DeX going foward?) or the experience of the team.