🔏Security
Your trust and peace of mind is critical to us: Polycat has been built ground-up with security in mind.
The Polycat team are experienced Solidity developers; you can rest assured that we have the knowledge and expertise to deliver secure and innovative products to the DeFi space!
Read more about our background, experience, and ethos.
🕵️♀️ Audit
We have completed five audits so far: one by TechRate, two by Obelisk (I & II) and two by Paladin (I & II)
Another two are in progress by CertiK and Obelisk
👮♀️ Rugpull? No Chance!
Polycat was designed to be provably secure--please feel free to verify our source code. We have removed the commonly abused migrator code and added timelocks for full transparency and security.
🚚 Migrator functions have been removed: no rugpulls here!
The Migrator is often used by malicious developers/hackers to steal users' funds.
This is impossible on Polycat, as the migration capability has been completely removed from our code.
This protects users against a rugpull, as well as hackers exploiting the smart contract to invoke the migrator function.
⏳ Timelocks
Our timelock delay started at 3 hours and was upped to 6 hours. The plan is to eventually increase it to 12 and finally 24 hours.
Timelocks prevent any unseen and immediate changes to the Polycat smart contracts. Changes are locked for a period of time and can be monitored publicly, alerting users to any changes.
Without timelocks, malicious parties can modify smart contracts immediately, giving no warning to the users.
If a change is queued in the timelock and you disagree with it, you then have a period of time to withdraw your funds and alert others before the changes are pushed through.
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