![]() ![]() ![]() "We could probably summarise the situation as follows:.Had a long read (3-3-2020) by DeFi Weekly explaining how some users interacted with unannounced code of iEarn (not yEarn) / Curve and lost and made money:.Additionally, the yAcademy will potentially be a revenue-generating entity if it engages in smart contract audits for other projects within the Ethereum ecosystem." Bugs/Exploits This YIP aims to bring the majority of this cost in-house and realize potential cost-savings. Smart contract auditing is a costly, yet important expenditure for the Yearn ecosystem. Equity within yAcademy will be split between Yearn governance (65%), Gitcoin (10%), Status (10%), and 15% to the first five members, 5%, 4%, 3%, 1.5%, and 1.5%, respectively. " This proposal will establish an internal smart contract security audit team that will audit Yearn’s smart contracts and eventually other smart contracts within the Ethereum ecosystem. Has its own yAcademy voted in (14-11-2020):.The findings of the audit were addressed in the 0.4.x series of the contracts released in May. "Yearn has connected with Trail of Bits on an audit of the v2 Vault, BaseStrategy and BaseWrapper contracts. It later got reviewed once more on 17-8-2021 and scored 93% again.We will keep V1 and V2 up at the same time, cause you can buy either on their site." yEarn V2 scored a 93% on DeFi Safety (27-1-2021) " Yearn V2 has been audited by: PeckShield, MixBytes ( twice)." with the comment "V2 is up with 93%, much better than V1's 66% Perfect on everything but tests.You can read the full scope of their audit, including smart contracts examined here." This audit report was published on November 5th, 2020 and contained no critical or major issues. " MixBytes was recently engaged to conduct an audit of Yearn Finance’s v1 smart contracts, including 圜over. V1 scored a 66% on DeFi Safety (10-2020) "As indicated in the audits repo, there are multiple audits with corrections implemented.".But he doesn't want those audits to give people confidence and therefor doesn't release them. Spot audits (5000k) every time a new system is released. Andre has said (15-9-2020) that yEarn 'has always been doing audits'.Bug bounty program can be found here and has rewards up to $50.000 (18-10-2020)." Yearn.finance is a relaunch that brought with it a whole new suite of yield tools such as ytrade, yliquidate, yleverage, ypool and smart contract credit delegation lending." Audits & Exploits The founder Andre stopped working on it (3-3-2020), muted the Telegram channel but left the protocol running. Follow up project by Andre Cronje, after iEarn got into problems.Also got into insurance and a bunch of other directions (8-2020).This then can be connected with the yPool of Curve. It started out with a protocol with which you can deposit stablecoins, and get yTokens of these stablecoins back, the protocol then deposits these yTokens for you in the protocol with the highest yield ( Compound, Aave, etc.) and does this algorithmically.14 yEarn and its relationships with other projects.
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