Yearn Founder: Recent research indicates that Project Yearn is not secure at all.

2020-8-21 03:50
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As Cointelegraph reported on August 21, Yearn.Finance founder Andre Cronje recently announced a security review project. He explained that the reason for removing these tests, which was done a few months ago, was to avoid making users unsafe. Cronje yesterday released five reports on the GitHub repository project and said the reviews were conducted in February and July by major research companies such as Certik and Quantstamp. . Some visible defects are classified as "Critical". As Certik identifies critical drawbacks, it can temporarily prevent users from deleting all of their accounts under positive circumstances. In this case, Kronze explains that even though it is a design option, there are always more gaps and loans than he can recover if the loan. He also mentioned that other big DeFi companies like Compound and Aave also had this downside.

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2020-8-21 03:32