Fountain Protocol Smart Contract Audited By Verilog

Published on: 02.03.2022

This report presents Verilog’s smart contract auditing engagement with Fountain Protocol. Fountain Protocol is one of the first Lending protocols on the Emerald Paratime of Oasis Network.

Fountain Protocol is a high capital efficiency, one-stop capital management platform for users’ DeFi Assets. Fountain Protocol is able to take advantage of the extremely efficient and low-cost Oasis Network and create a fund pool with a diverse source of revenue and DeFi applications.

The smart contract audit was conducted over 1 week, from Feb 14 to Feb 18, 2022 by the Verilog team.

Verilog engagement with Fountain Protocol includes the following two services:

  • Pre-Audit Consulting Service — As a part of the pre-audit service, the Verilog team worked closely with the Fountain development team to discuss potential vulnerability and smart contract development best practices in a timely fashion.
  • Audit Service — The Verilog team conducted a thorough study of the Fountain code, with the Fountain architecture graph and UML graph presented below in the Fountain Architecture section.

 The list of findings, along with the severity and solution, is available under section Findings & Improvement Suggestions.

ABOUT Fountain Protocol
Fountain Protocol is the first cross-chain lending platform powered by Oasis. The protocol enables users to experience high capital efficiency one-stop management of DeFi assets. Taking advantage of the extremely efficient and low-cost Oasis Network, Fountain Protocol establishes a multi-revenue protocol with a fund pool as the core and multiple application scenarios.

Website | Twitter

ABOUT Verilog
Verilog is a firm that offers smart contract security services to decentralized applications. Coming from a smart contract developer background, the team at Verilog understands the needs of smart contract developers and developed a better-aligned auditing business model.

Website | Twitter

RESOURCES
Verilog Docs

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