BENQI (QI)
Basics
History
Audits & Exploits
- There is no bug bounty offered by benQi (4-11-2021).
- Used Certora's Prover tool with formal verification technology to complement/assist their manual audits (2-10-2022).
- Scored 50% on DeFi Safety (4-11-2021):
Activity is significantly more than 10 transactions a day on contract Comptroller, as indicated in the Appendix.
At 4 commits and 1 branch, benQi's development history is not as expansive as its TVL necessitates. No software functions are detailed. As per the SLOC, there is 63% commenting to code (CtC). There is no documentation of code function aside from identification without elaboration. There is no evidence of any testing on benQi.
One audit was conducted before deployment, though it is unclear if the findings were implemented.
Bugs/Exploits
Governance
Admin Keys
- From DeFi Safety (4-11-2021):
"A brief mention of access controls was identified under governance, but there is no explicit mention of them. While the protocol is "decentralising", it is unclear where it is down this path. This is unclear information.
a) All contracts are clearly labelled as upgradeable (or not) -- 0% -- no contracts are identified as upgradeable. b) The type of ownership is clearly indicated (OnlyOwner / MultiSig / Defined Roles) -- 3% -- it is unclear who owns the contracts c) The capabilities for change in the contracts are described -- 20% -- some capabilities for change are identified.
No pause control was docuented."
DAO
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper or docs can be found here (11-2021).
- Code can be viewed here.
Implementations
- Built on: Avalanche
How it works
Fees
Upgrades
Mining
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found here (11-2021).
Funding
- Mechanism Capital lists them in their portfolio as of 15-5-2023.
Partners
(:
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C-chain: 0x6211f7633a67c9e81316d0b93a86b3ef511f12d4
