Security Audit for Yield Enhancing Protocol (DIP001)

dForce

In February 2020, dForce engaged PeckShield to perform a security audit for the Yield Enhancing Protocol (DIP001). The full report is available for review here.

About the Yield Enhancing Protocol(DIP001)

DIP001 is an open-source protocol (GitHub) and a general framework that could be implemented in any collateral-based protocol. It proposes to unlock up to 90% of constituent collaterals and re-supply them into lending protocols to earn yield. DIP001 is necessary for introducing USR to USDx holders. By doing so, USDx holders are entitled to a systematic interest rate by simply depositing USDx into USR (USDx Saving Rate). Please click here to see introduction in details.

PeckShield

PeckShield is a leading blockchain security company which aims to elevate the security, privacy, and usability of entire blockchain ecosystem by offering top-notch, industry-leading services and products. PeckShield publishes trending reports and provides services and products to identify hidden vulnerabilities (e.g., in smart contracts and consensus protocols), expose zero-day exploits, defend against emerging threats, perform security auditing and provide consulting services. Peckshield independently verified a DSChief bug in May 2019 for MakerDAO.

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