TrueFi (TRU)

Basics

• Started in / Announced on:
• Based in:
• Mainnet release:

Audits & Exploits

• Bug bounty program can be found here (5-11-2021).
• Scored 84% on DeFi Safety (2-11-2021):

"Activity is over 10 internal transactions a day on contract Registry.sol

As per TrueFi's GitHub repository, their smart contracts have a coverage of 82%. The coveralls test report is available. No evidence of formal verification. There is evidence of a stress testing environment.

TrueFi has had multiple audits, found here. Out of those, two of the ImmuneBytes audits were performed before the launch of v4 on August 18th 2021, and the third ImmuneBytes audit was performed post-launch.

• Previously scored a 73% (5-2-2021);

"​Both of these audits are good clear audits which took place after contract deployment. For this reasons no corrections were discussed. What is disturbing is the count of high number of findings on a deployed contract. Normally the score for audits after deployment is 70%. In this case a score of 50% is given. Slowmist conducted an audit on November 11th (2 medium, lots Low) jakub wojciechowski did an audit on November 22nd (4 high and 15 medium)"

With the comment: "Code and team is perfect, then just kinda average for the rest. They have an audit but it was after deployment and not the cleanest."

Governance

Admin Keys

• From DeFi Safety (2-11-2021):

"Governance access control information was found in their GitHub repo, as well as in their Medium blog.

a) All contracts are clearly labelled as upgradeable (or not) -- 0% -- No contracts' upgrade status is explicitly mentioned.

b) The type of ownership is clearly indicated (OnlyOwner / MultiSig / Defined Roles) -- 30% -- OnlyOwners and defined voting roles are clearly defined in the code and documentation.

c) The capabilities for change in the contracts are described -- 0% -- No capability for change is described for any of the smart contracts.

There is no documentation to be found on pause control. However, it can be found in their GitHub repository without proper documentation."

Technology

• Whitepaper can be found here.
• Code can be viewed here. TrustToken's smart contracts have 15 branches and 1427 commits (5-11-2021).
• Built on: Ethereum

Roadmap

• Can be found [Insert link here].

Team, Funding, Partners, etc.

Team

• Full team can be found here (5-11-2021).

(:

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