Summary
The most critical subjects covered in our audit are asset solvency, access control and functional correctness. Security regarding all the aforementioned subjects is high.
The general subjects covered are specification and integration with 3rd party systems. All the aforementioned subjects are covered well.
In summary, we find that the codebase provides a good 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 MakerDAO – DSS Allocator
Maker implements a token allocation system for AllocatorDAOs which consists of a core, a funnel and an
automation layer.
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“The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.”