Security Assessment for frxUSD Ecosystem Contracts Reveals
Photo: Coinfomania
Frax Finance has announced the completion of a security assessment for its frxUSD ecosystem contracts, revealing zero critical findings. This audit, conducted by @zellic_io, focused on crucial areas such as custodianship, timelocked minting, and bridge routing. The positive results underscore Frax’s commitment to security and can enhance user confidence in the platform, especially as it continues to expand its offerings. More details can be found in the Frax Finance tweet . Amid a wave of heightened scrutiny in the crypto space, Frax Finance’s proactive security measures for its frxUSD ecosystem are timely.
Source: Coinfomania
