RTLabs
Summary
RTLabs contracted the services of Resonance to conduct a comprehensive security audit of their smart contracts between July 26, 2024 and August 5, 2024. The primary objective of the assessment was to identify any potential security vulnerabilities and ensure the correct functioning of smart contract operations.Demether is a cutting-edge multichain protocol designed to maximize yield across different blockchain networks. By leveraging a sophisticated blend of restaking, stablecoins, and other financial derivatives, Demether ensures efficient and secure high-yield opportunities for its users. Demether is designed for users seeking to maximize their ETH yields across multiple blockchain layers while minimizing risk and complexity.The system is composed of several components: deposits managers that handle user deposits in native Ether and WETH, a liquidity pool on the layer-1 chain to handle the staking of user deposits, a protocol token to represent user shares and a messenger contract to handle all bridging interactions.As a general workflow, a user is able to deposit Ether into the protocol and have the respective shares minted to his address. The shares can be bridged to layer-1 and layer-2 chains and the liquidity can be staked into a liquidity pool using frxEth and EigenLayer.
