Executive Summary This report presents the results of our engagement with Lybra Finance Team to review the Lybra Protocol. The review was conducted over four and a half weeks, from July 10, 2023 to Aug 9, 2023, by George Kobakhidze and Sergii Kravchenko. A total of 7 person-weeks were spent. The Lybra Protocol is a DeFi system that focuses on collateral-based stablecoin lending and management. A particular feature of this protocol is its focus on the stablecoin holders and Liquid Staking Derivative tokens for Ethereum staking as collateral.
Low | Medium | High | Critical | Total | |
---|---|---|---|---|---|
Not fixed | 2 | - | - | - | 2 |
Fixed | 3 | 2 | 2 | - | 7 |
Total | 5 | 2 | 2 | 0 | 9 |