DeFiSafety Profile picture
Feb 16 4 tweets 5 min read
1/4 Allbridge is falling down with 28%, and it's not pretty. At $400m TVL, the protocol and its team reflect subpar development practices with a low-quality token audit, absence of details regarding their Access Controls, and a minimal amount of perceivable GitHub development.
2/4 We would also like to point out that @Allbridge_io audited contracts are in a private GitHub, therefore making the contents of the audit untraceable and unverifiable. This paired with no Bug Bounty, it is hard to gauge the protocol's commitment to security.
3/4 Although the team is fully doxxed and has provided their community with in-depth documentation on how to operate the protocol, we're urging the team to be more transparent about the backend of its software and the kind of control they have over it. #DeFi

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More from @DefiSafety

Feb 15
1/4 With a 90%, Astroport enters our review catalog as the #1 scoring protocol on Terra and one of the highest-rated DEXs we have reviewed. The protocol excels in all areas of software documentation and is especially focused on providing its users with all the necessary details.
2/4 Most notably, the team has partnered with Immunefi to offer one of the largest Bug Bounties hosted on the white hat platform. Along with a pair of audits, @astroport__fi clearly takes the security of its protocol very seriously. #DeFi #Terra
3/4 We have also had the pleasure to collaborate with their quite responsive team. Together, we hope to fill the remaining gaps of our review with improved testing and a more user-friendly version of their Access Controls. We have no doubts about the team's ability to do so.
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