Risks and Audits
Risks entail economic and security problems, like smart contract, oracle and liquidation risks. Security audits are professional assessments on whether the code are safe and correct.
The protocol will be interacting with a number of smart contracts, all of which impose risks. This can be both known and unknown risks that could result in the failure or vulnerability on the smart contracts which could result in assets being locked or lost forever.
Liquidations depend on a live, accurate price feed from oracles. Oracle downtime, incorrect prices, or manipulation can cause wrongful liquidations. We have fallback systems, safety switches, and emergency notification systems in place to mitigate this risk.
The protocol interacts with various bridges to move assets from blockchain to blockchain. While all bridges have been carefully reviewed for their risks and liquidity constraints, we cannot alleviate the risks of bridge hacks and lost funds.
22.08.30 - Fractal LedgerPrime - Final Report Updated.pdf
22.03.18 - Fractal Final Report.pdf