[Ethereum] Unagii - Security Rating 2

Security Rating Level: 2
Evaluation Date: Mar 31st, 2021

1. History & Team (Weight 20%; Score 72)

1.1 Project age (8%; 50)
Launched on mainnet from 2020 Dec, alive for 4 months.
1.2 Past exploits (8%; 100)
Was never attacked
1.3 Team anonymity (2%; 100)
Team are public
1.4 Team experience in programming (2%; 20)
Unknown

2. Exposure (Weight 25%; Score 24.2)

2.1 Historical TVL (17.5%; 16)
Average market share in the past 1Q: less than 0.1%
Data collected from DefiLlama - DeFi Dashboard
2.2 Industry segment (5%; 40)
Unagii is a yield aggregator
2.3 Infrastructure (2.5%; 50)
Out of business nature, heavy oracles are needed for price feed

3. Audit (Weight 35%; Score 78)

Audit report available on: Security - Unagii Docs
3.1 Transparency and scope (14%; 100)
Full scope audit done, and report is public
3.2 Audit firm trust score (10.5%; 30)
Audited by Certik, Tier 3 audit firm
3.3 Audit findings (10.5%; 80)
No critical issues were found in audit
3.4 Other credits (up to additive 5.25%; 5)
Audit done before deployment

4. Code quality (Weight 15%; Score 65)

Repository on github: GitHub - stakewithus/uvault
4.1 Documentation
Top level documentation exists
4.2 Test
Test done but code coverage not visible

5. Developer community (Weight 5%; Score 18)

5.1 Bug bounty program (3.5%; 0)
Exists. Reward up to $50,000
5.2 Issues raised on Github (1.5%; 60)
3 issues raised on github repository

The N-SCOSS for Compound is 58.4, level 2