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🧯 YSL.IO Protocol Audits
All aspects of the YSL.IO protocol will be audited by reputable parties to ensure optimal security.
With the implementation of any protocol or process flow, the possibility of vulnerabilities is real. This has led to smart contract security and protocol audits being an indispensable risk management tool for all DeFi projects. These audits will expose any bugs or vulnerabilities within smart contracts and ensure they are appropriately addressed.
The YSL.IO protocol has been developed by a team of experienced blockchain developers with accurate knowledge of DeFi projects, their associated specifications and potential vulnerabilities. Our team have an internal audit process embedded within their development process to ensure the reliability of our protocol’s functions. In addition to this, we intend to have our core system architecture and smart contract logic undergo multiple ongoing audits by reputable parties to maintain the security and safety of the protocol and its functions.

βœ…Solidity Finance Audit Reports:

Smart Contract Auditing Services - Solidity.finance
xYSL Token Audit - Solidity Finance

Protocol Security

In addition to external audits, our team has incorporated several preventative measures to help mitigate the risk of any flash loan attacks on the protocol and ensure maximum security:
    1.
    Integrating price feeds by Chainlink: The protocol can better resist flash loan attacks, as their price feeds have proven to be accurate and reliable during extreme conditions and market volatility.
    2.
    Real-time monitoring of the main oracle price: When there is a serious deviation between the main oracle and the system, the system will alert and notify our development team to ensure timely action.
    3.
    Prevention of external smart contract interaction: With the recent flash loan attacks on BSC, external smart contracts won't be able to interact with our contracts except for on-chain whitelisted contract addresses.
    4.
    Smart contract timelocks: Integrated across all our smart contracts, this acts as a guarantee to protect our users and their funds. All changes to any smart contract will be required to wait a certain amount of time before they can be implemented. This allows investors to safely move funds out should they perceive any malicious intent.
    5.
    Protocol block restrictions: Platform users are not able to perform a deposit and claim rewards and/or withdraw rewards all on the same block, with these functions only being able to be performed by the protocol on subsequent blocks.
    6.
    Migrator Code Removed: We have completely removed the migration capability within our contracts so that users are protected against an exploit that could cause a loss of funds. Once you deposit your LP tokens with us, no one at YSL.IO can move (or remove) them.
    7.
    Emergency Withdrawal: If something happens to the YSL.IO front-end such as a DDoS attack or a temporary outage, users can still withdraw their tokens by interacting directly with the contract.

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Learn more about YSL.IO Tokenomics ​

Last modified 22h ago
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