As a borrowing and lending protocol preparing to facilitate millions of dollars in transactions, Clearpool has prioritized the security and safety of their users’ assets deployed on their platform.
Clearpool is releasing the final reports from external Security Auditors that were contracted to review the code and infrastructure of the project.
- Certik Tech
CertiK is a leading auditor in the crypto space and before Clearpool’s mainnet launch, they wanted to ensure that the infrastructure of their product is in its best shape before taking on millions from its borrowers and lenders.
The results of the audit have indicated that there were no critical, major, or medium issues with the product, some minor and informational issues are being addressed directly to their developer team.
Clearpool Finance have done three rounds of audits with Pessimistic.io since the genesis of its project and have since come a long way from its testnet. The audit has been an ongoing process from the start of the project and the final audit that was done on the 21st of March and issues from the Testnet have been officially resolved and fixed.
The results of the audit now stand with no critical and medium issues. Minor issues were fixed by the development team before the mainnet launch and overall has been a testament to how far Clearpool has grown to prioritizing and ensuring the safety of its product.
Clearpool will continue to prioritize the security of its protocol. As they deploy more borrower pools and more features onto the mainnet over the coming months, they will continuously look into ways to improve security and safeguard funds deployed into their pools. They will update the community on future audits on the project and stay transparent on the growth and infrastructure of Clearpool.
Clearpool is a decentralized capital markets ecosystem, where institutions can borrow uncollateralized liquidity.