SmartState audits Locus Finance
Locus is a DeFi asset management platform that provides one-click access to passive income in a decentralized manner through on-chain vaults containing thorough-picked strategies.
The Locus Finance team approached SmartState for a security audit of their smart contracts.
SmartState’s smart contract auditing services are designed to provide comprehensive assessments of blockchain-based projects, identifying potential security risks and vulnerabilities before they can be exploited by malicious actors.
Our security audit focused on examining the smart contracts within the PendleVaults scope, including any potential entry points for malicious actors. We used our expertise and cutting-edge manual audit techniques in accordance with our methodology to identify any vulnerabilities that could compromise the security of the project.
Audit Overview
After conducting a thorough analysis, we discovered several vulnerabilities in the PendleVaults smart contracts scope. Our security experts provided actionable recommendations for addressing the issues and worked closely with the Locus Finance team to implement remediation measures for these vulnerabilities, ensuring the security of the project.
However, according to the project goals, one medium-severity vulnerability and one info vulnerability remained in acknowledged status.
SmartState thorough analysis and actionable recommendations allowed to enhance the security and integrity of the project. We believe our services have added significant value to Locus Finance, enabling them to build trust with their users and stakeholders, and we look forward to continuing our partnership with Locus Finance.
Full Locus audit report is available on our website:
All our reports:
At SmartState, we are committed to providing top-notch smart contract auditing services that help blockchain-based projects like Locus achieve optimal security and reliability. If you’re interested in learning more about our services or would like to schedule a smart contract audit for your project, don’t hesitate to contact us today: info@smartstate.tech
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DYOR. This article does not constitute legal, financial or investment advice, and we are not responsible for any decisions based on our analysis or recommendations. An audit does not provide any warranties regarding the code security. We presume that a single audit cannot be considered totally sufficient and always recommend several independent audits and a public bug bounty program to ensure code security.
