Alpaca Finance (ALPACA)

Basics

• Based in:
• Started in / Announced on:
• Testnet release:
• Mainnet release: 4-2021

Audits & Exploits

• Bug bounty program can be found here. "Bug bounty only goes to 50,000 for the most critical of errors." (11-6-2021). Got bumped up to $100K (4-10-2021).
• Scored 82% on DeFi Safety (4-10-2021):

"Multiple audits have reviewed Alpaca's code before and after its deployment."

• Previously got a score of 68% (11-6-2021): "Valix did an audit on them on May 5th 2021. Certik did an audit on them on May 13th 2021. PeckShield did an audit on them on March 20th 2021. Slowmist did an audit on them in 2021 (exact date unspecified) Alpaca Finance was launched at the end of April 2021." With the comment: " the highest score on BSC so far!  Great team with the right attitude.  We even refined our process based on their feedback.  Solid."

Governance

Admin Key

• From DeFi Safety (4-10-2021):

"a) All contracts are clearly labelled as upgradeable (or not) -- 30%. b) The type of ownership is clearly indicated (OnlyOwner / MultiSig / Defined Roles) -- 30% -- for now the admin team is clearly in charge of the contracts, though this will change through governance, as outlined in the docs. c) The capabilities for change in the contracts are described -- 30%

No pause control documentation could be found."

• From DeFi Safety (11-6-2021) where it previously scored 40% for information:

a) Contract variables are listed but not if they are upgradeable - 10% b) no idea of type of owner of timelock -- 0% c) The capabilties for change in the contracts are described -- 30%.

Pause control not documented or explained."

Technology

• Whitepaper can be found here.
• Code can be viewed [insert here].

Implementations

• Built on: BSC

Roadmap

• Can be found [Insert link here].

Team, Funding, Partners

Team

• Full team can be found [here].
• A lot of key members of Alpaca Finance are public. Info can be seen here.

(:

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