SafeDollar (SDO)

Basics

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

Technology

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

Implementations

• Built on: Polygon

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Bugs/Exploits

• From Rekt (28-6-2021):

"Not only has SafeDollar seen its Polygon-based “stable” coin SDO drop to $0, but this isn’t even the first exploit the protocol has suffered this week. Only $250k taken this time, via an infinite mint exploit. The exploit used a bug in SafeDollar’s reward mechanism to manipulate the accSdoPerShare value, eventually being able to claim vast quantities of SDO for each token deposited. Despite owning such an enormous quantity of the stablecoin, the attacker could only make off with the defunct coin’s exit liquidity of 202k USDC and 46k USDT. So, just $248k, not $248 million [the TVL of the project at the time]."

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].

(:

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