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ClayStack Matic (March 23rd, 2022) Security Audit

Summary

ClayStack implements a staking pool implementation that simplifies the staking MATIC tokens on numerous Polygon validators. A user that joins the pool, locks MATIC tokens and gets csMATIC tokens that accumulate the rewards over time. The csMATIC tokens can be then burned, to get the locked MATIC tokens back.

The most critical subjects covered in our audit are the security of the pool and token contracts, the functional correctness and the safety of the deposited funds. Security regarding all the aforementioned subjects is high.

In the final iteration after the intermediate reports no issues remain open. Overall we find that the codebase in its current state provides a high level of security.

It is important to note that security audits are time-boxed and cannot uncover all vulnerabilities. They complement but don’t replace other vital measures to secure a project.

About ClayStack Matic

“ClayStack is a decentralized liquid staking platform that enables you to unlock the liquidity of staked assets across multiple chains. You can stake your assets and use the issued staking derivatives across the DeFi ecosystem.”

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