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MakerDAO – Rate Limited Flapper

Security Audit

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The most critical subjects covered in our audit are functional correctness of the changed code and the impact of the change on the existing system.

In summary, we find that the introduced change works correctly and does not introduce a security risk. No issue was uncovered during the review.

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 – Rate Limited Flapper

MakerDAO added new functionality to the existing flapper contract: The amount of DAI under auction at the same time can now be limited.

It was a pleasure working with ChainSecurity. They maintained clear and direct dialogue with us and we look forward to working with them on future Layer 2 solutions to help us scale and grow the DAI ecosystem.
Derek Flossman, Head of Protocol Engineering Core Unit (MakerDAO)