Project Information
CATEGORY
Smart contract
NETWORK
Arbitrum
WEBSITE
https://www.goodentry.io/
DESCRIPTION
From Oct. 31, 2023 to Nov. 6, 2023, GoodEntry engaged Veridise to review the security of ge-v2. The review covered their vaults and position manager. Liquidity providers fund vaults, which vest their funds in an underlying AMM. The position manager can use a certain percentage of vault funds to cover options, which it sells using a Black-Scholes formula implemented using Lyra . The review did not include the specifics of the pricing model, but instead covered the interactions between the position manager, the vault, and the underlying AMM. Veridise conducted the assessment over 3 person-weeks, with 3 engineers reviewing code over 1 weeks. The auditing strategy involved a tool-assisted analysis of the source code performed by Veridise engineers as well as extensive manual auditing.
Audit Report
SCOPE
The scope of this audit is limited to the contracts/ folder of the source code provided by the ge-v2 developers, which contains the smart contract implementation of the ge-v2. The scope excludes smart contracts in the contracts/lib and contracts/GoodNft directories. During the audit, the Veridise auditors referred to the excluded files but assumed that they have been implemented correctly.