vusd-stablecoin
Summary
VUSD is a stablecoin protocol that allows users to mint VUSD tokens by depositing a whitelisted stablecoin into the project's treasury. The amount of VUSD tokens minted is based on the current oracle price of the deposited stablecoin. Users can later redeem their VUSD and receive one of underlying stablecoins in return. The assets held by the treasury are deposited into the Compound protocol allowing them to earn a yield in COMP tokes. These COMP tokens are later converted back into one of the whitelisted stablecoins, with the intention of slowly growing the collateralization ratio of VUSD token. **Fix Review Update**: The team fixed or acknowledged all issues and the suggestions provided by the audit team. As some of the contracts in scope are already live, the client intends to apply fixes for some of the non-urgent issues found in a future update.
Issues (10)
Low | Medium | High | Critical | Total | |
|---|---|---|---|---|---|
Not fixed | 7 | - | - | - | 7 |
Acknowledged | - | - | - | - | 0 |
Fixed | 1 | 1 | 1 | - | 3 |
| Total | 8 | 1 | 1 | 0 | 10 |