---
description: >-
  As part of our commitment to transparency and security, we have conducted
  thorough audits of our protocol. These audits are crucial to ensuring the
  safety and reliability of our ecosystem.
---

# Audits

### Current Status

Given that our protocol is currently in the deployment [Phase 1](../future-releases), the audit reports are not yet public. We understand the importance of making these reports available to our community. Therefore, we are working diligently to prepare these documents for public release.

We have successfully completed 3 major audits with leading security firms, Certik, Halborn and Verichains. Below is a summary of these audits:

<table><thead><tr><th width="192">Audit Provider</th><th width="382">Status</th><th>Date</th><th data-hidden>Date</th><th data-hidden>URL</th></tr></thead><tbody><tr><td><a href="https://www.certik.com/">Certik</a></td><td>Implementation of timelock pending</td><td>--</td><td>--</td><td>[URL to be updated]</td></tr><tr><td><a href="https://www.halborn.com/">Halborn</a></td><td>Awaiting code review after reinforcing Oracles</td><td>--</td><td>--</td><td>[URL to be updated]</td></tr><tr><td><a href="https://verichains.io/security-services/blockchain-security?q=smart-contract-audit">Verichains</a></td><td>The audit team found no vulnerabilities</td><td>July 31th 2024</td><td></td><td></td></tr><tr><td><a href="https://github.com/verichains/public-audit-reports/blob/fed88715343be67fc46292c893482e56dd2ab9b0/Verichains%20Public%20Audit%20Report%20-%20CoLend%20Token%20-%20v1.0.pdf">Verichains</a></td><td>The audit team found no vulnerabilities</td><td>Oct 30th 2024</td><td></td><td></td></tr></tbody></table>

**Certik:**

* Recommendation: Decentralize the protocol by adding a timelock.
* Action Taken: We have engaged a leading security firm specializing in secure smart contract management with timelock functionality. We are currently dependent on their deployment to complete this recommendation.

**Halborn:**

* Recommendation: Add additional Oracles to enhance reliability and being robust.
* Action Taken: Additional oracles have been integrated as recommended. We are now awaiting Halborn's review of the updated code before proceeding with deployment.

**Verichains:**

* All files in mock folder should not be used for deployment. They are only for testing purposes.

#### Commitment to Security

Our dedication to maintaining a secure and robust protocol is unwavering. The audits are a testament to this commitment, and we look forward to sharing the detailed reports with you soon. Stay tuned for updates as we progress towards full deployment and the subsequent release of our audit findings.
