1 high, 2 low severity issues were found during the audit. 1 high, 1 low issues were resolved in the update.

The audited token implements IERC20 and IERC4626 (partially) interfaces with slight non-compliance of the last one. The token realizes custom logic on maintaining a price pegged to an underlying asset, if the token costs more than its underlying asset it redistributes surplus among investment strategies to gain extra revenue for token holders. The research didn't reveal stable tokens with the same price-maintaining strategy, so predicting an unpeg possibility is uncertain consequently investors should realize&nbsp;inherent risks.

This audit includes recommendations on code improvement and the prevention of potential attacks.

ElasticERC20

ElasticERC20RigidExtension

ElasticRigidVault

PricableAsset

RigidAddressSet

ZunamiElasticRigidVault

ZunamiRedistributor

GitHub public repo

This is a limited report on our findings based on our analysis, in accordance with good industry practice at the date of this report, in relation to cybersecurity vulnerabilities and issues in the framework and algorithms based on smart contracts, the details of which are set out in this report. In order to get a full view of our analysis, it is crucial for you to read the full report. While we have done our best in conducting our analysis and producing this report, it is important to note that you should not rely on this report and cannot claim against us on the basis of what it says or doesn’t say, or how we produced it, and it is important for you to conduct your own independent investigations before making any decisions. We go into more detail on this in the disclaimer below – please make sure to read it in full.

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Zunami Stable (UZD)

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