Security Rating Level: 2
Evaluation Date: September 30th, 2021
1. History & Team (Weight 20%; Score 41)
1.1 Project age (8%; 60)
Launched on Polygon in 2021 May, alive for 5 months.
1.2 Past exploits (8%; 30)
Was attacked once
1.3 Team anonymity (2%; 30)
Team are anonymous
1.4 Team experience in programming (2%; 20)
Unknown
2. Exposure (Weight 25%; Score 42.4)
2.1 Historical TVL (17.5%; 42)
Average market share in the past 1Q: 4.5%
Data collected from DeBank | DeFi Wallet for Ethereum Users
2.2 Industry segment (5%; 40)
Iron Finance 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 85)
Audit report available on: Audits - Iron Finance
3.1 Transparency and scope (14%; 100)
Full scope audit done, and report is public
3.2 Audit firm trust score (10.5%; 70)
Audited by Certik, Omniscia, PeckShield., Tier 2 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%; 0)
N/A
4. Code quality (Weight 15%; Score 30)
Repository on github: GitHub - IronFinance/iron-core-v2
4.1 Documentation
Top level documentation exists but not in full details. Minimal comments
4.2 Test
Insufficient test suites
5. Developer community (Weight 5%; Score 0)
5.1 Bug bounty program (3.5%; 0)
Not exists
5.2 Issues raised on Github (1.5%; 0)
No issues raised on github repository
The N-SCOSS for Compound is 53.05, level 2