Leo Wallet: Pondo Protocol audit report
Project Information
CATEGORY
Wallet & Staking
NETWORK
Aleo
WEBSITE
https://www.demoxlabs.xyz/
DESCRIPTION
From Jul. 22, 2024 to Aug. 2, 2024, Demox Labs engaged Veridise to review the security of their Pondo Protocol. Pondo is a liquid staking protocol for Aleo. The protocol works by allowing
people to stake tokens in exchange for Paleo tokens, which represent the staked assets. The protocol itself handles the actual staking by maintaining a pool of potential validators, the top 5 of whom are selected weekly and used as the current targets of staked funds for the protocol. Veridise conducted the assessment over 30 person-days, with 3 engineers reviewing
code over 10 days.
Audit Report
SCOPE
The scope of this audit is limited to the pondo/ folder of the source code provided by the Pondo Protocol developers, which contains the implementation of the Pondo Protocol project in Leo.