The most critical subjects covered in our audit are functional correctness, interaction with external systems according to their documentation, and compatibility with the Enzyme system. Security regarding all the aforementioned subjects is high. The general subjects covered are trustworthiness, documentation, and error handling. Security regarding all the aforementioned subjects is high. In summary, we find that the codebase 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.

Avantgarde Finance implements changes for the external position for Compound to improve validation of the borrow and repay actions such that fund managers cannot mistakenly pay back zero amounts on unused cTokens which earlier removed the debt for a cToken with the same underlying. Additionally, changes were made to the fee reserve so that governance can do arbitrary calls from the fee reserve. Further, a new integration is implemented that allows minting and burning Balancer v2 LPs for arbitrary pools. For weighted Balancer v2 pools a pricefeed has been implemented. Last, a new external position type is introduced to integrate with Notional v2 so that depositing collateral, lending, borrowing, and paying back debt is possible.

Enzyme is a decentralised asset management infrastructure built on Ethereum. Using Enzyme Smart Vaults, individuals and communities can build, scale and monetise investment (or execution) strategies that employ the newest innovations in decentralised finance.