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Summary
The most critical subjects covered in our audit are asset solvency and front-running resistance. Security regarding all the aforementioned subjects is high.
The general subjects covered are gas efficiency, code complexity, and documentation. The robustness regarding all the aforementioned subjects is satisfactory but can be improved, see Redundant checks in...Many() functions and Inaccurate NatSpec. Furthermore, this report contains notes highlighting considerations to prevent unexpected behavior during operation.
In summary, we find that the codebase provides a high level of security. No issues were identified that would pose a significant risk to the system.
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 Uniswap Franchiser Expiry
Uniswap Foundation's Franchiser system enables multi-level delegation of UNI tokens' voting power. This latest version introduces support for expirations with permissionless recall of funds to the original owner after expiry.
"The Uniswap Foundation is dedicated to building a self-sustaining community that contributes to the future growth of the Uniswap Protocol. We have strategically designed our grants program to create a long-lasting ecosystem made up of developers, researchers, and governance contributors. We strive to create shared ownership for our entire community and work with them to define the future of DeFi’s most important protocol."