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​​Compound (COMP)

The Compound Protocol is an Ethereum smart contract for supplying or borrowing assets and is home to the DAI stablecoin.

As part of a Security Partnership with the Compound DAO, OpenZeppelin (a crypto cybersecurity technology and services company) audited an upcoming version of the lending protocol, Compound III.

In July, we wrote about a new version of the Compound protocol, named Comet, that can run on all EVM compatible chains.

The Comet protocol is a lending protocol where only one base asset can be supplied and borrowed. The goal is to have one or more Comet instances with different base assets being deployed on different networks.

An astonishing $1.9 billion in crypto was stolen this year. Compound has made it a priority to work closely with auditors and fix anything that could possibly lead to any vulnerabilities. Last month, OpenZeppelin publicly audited Comet.

OpenZeppelin was happy to see such a quality codebase. It didn’t find any critical vulnerability and is excited to see an excellent codebase that could support a robust network. The release of this documentation is very helpful to the community as it makes the task of identifying problems and understanding the codebase easier.

​​Compound (COMP)

The Compound Protocol is an Ethereum smart contract for supplying or borrowing assets and is home to the DAI stablecoin.

As part of a Security Partnership with the Compound DAO, OpenZeppelin (a crypto cybersecurity technology and services company) audited an upcoming version of the lending protocol, Compound III.

In July, we wrote about a new version of the Compound protocol, named Comet, that can run on all EVM compatible chains.

The Comet protocol is a lending protocol where only one base asset can be supplied and borrowed. The goal is to have one or more Comet instances with different base assets being deployed on different networks.

An astonishing $1.9 billion in crypto was stolen this year. Compound has made it a priority to work closely with auditors and fix anything that could possibly lead to any vulnerabilities. Last month, OpenZeppelin publicly audited Comet.

OpenZeppelin was happy to see such a quality codebase. It didn’t find any critical vulnerability and is excited to see an excellent codebase that could support a robust network. The release of this documentation is very helpful to the community as it makes the task of identifying problems and understanding the codebase easier.


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