Summary
The most critical subjects covered in our audit are security and functional correctness. During the review, no critical or high severity issues were uncovered. The report highlights a medium and a few low severity issues, one of which highlights a significant inaccuracy in the documentation. After the intermediate report, all issues have been addressed.
The general subjects covered are adherence to the implemented standards, code complexity and gas efficiency.
In summary, we find that the codebase provides a good level of security. We have to emphasize that the project reviewed is a template only, not an actual implementation of a strategy.
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 Yearn Tokenized Strategy
Tokenized Strategy offers a framework for developers to easily create ERC-4626 compliant tokenized strategies by implementing only the strategy-specific logic, as it provides the core accounting functionality.
Yearn Finance is “a suite of DeFi tools and products in an interconnected financial ecosystem running on various smart contracts. The yEarn Finance ecosystem is community-controlled and governed via a governance token called YFI.”