The most critical subjects covered in our audit are functional correctness, access control, absence of reentrancy possibilities, handling of funds and precision of arithmetic operations. Security regarding all is generally good. Security regarding functional correctness is good as long as drying out the Aave pool on purpose, see Provoking an Aave Liquidity Crisis, is unprofitable based on the borrow and supply caps, and the flashloan fees.
The general subjects covered are code complexity, error handling, unit testing, documentation, specification, gas efficiency, trustworthiness and error handling. Security regarding all the aforementioned subjects is high.
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.