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Frankencoin Uniswap Liquidity Amplifier

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The audit was excellent! Very well done! I'm impressed with how quickly ChainSecurity's engineers developed a deep understanding of the Frankencoin system and with their meaningful inputs to harden its mechanics.

Luzius Meisser
Inspirer

About Frankencoin Uniswap Liquidity Amplifier

Frankencoin implements Uniswap Liquidity Amplifier, which allows creating leveraged Uniswap V3 LP positions for ZCHF, using the position itself as the collateral.

Audit Summary

The most critical subjects covered in our audit are asset solvency, functional correctness, and precision of arithmetic operations. Arithmetic precision is improvable, as rounding directions currently do not favor the protocol, see Amounts Owed by the User Round Down.

Security regarding the other subjects is high.

The general subjects covered are correctness of the Uniswap V3 integration and correctness of comments. Multiple comments were found to be stale, see Outdated and Inaccurate Comments.

In summary, we find that the codebase provides a high level of security.

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.