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Saffron Fixed Income Vaults

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ChainSecurity had a methodological and nuanced approach to security that demonstrated a deep understanding of our complex architecture. From the overview and report on our system to discussions regarding complicated code paths, taking an analytical and adversarial standpoint seemed second nature to their researchers and was extremely valuable for our team. Exceptional professionalism from the very start to the end of our engagement.

Psykeeper
Founder, Saffron Finance

Summary

The most critical subjects covered in our audit are functional correctness, access control, and precision of arithmetic operations. Security regarding all the aforementioned subjects is high.

The general subjects covered are gas efficiency, specification, and code duplication. Security regarding all the aforementioned subjects is high.

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.

About Saffron Fixed Income Vaults

Saffron Finance implements a tailored vault contract to allow yield trading on Uniswap V3 positions. One participant provides funds to create a Uniswap position in exchange for an upfront payment, while other participants take the other side. The position is then locked and after a fixed duration, the first participant can recover the principal of the position, while the others share the yield.