After the first version of the protocol was hacked in February 2020, the team made a commitment to relaunch as the most audited and secure protocol in DeFi. Two major manual audits were performed on the core protocol by respected security firms Certik and Peckshield.

Beyond audits and formal verification, an asset risk assessment framework was created with professional oversight, Chainlink oracles were implemented to secure the protocol against oracle exploits, and the attack surface on the new version of the protocol was vastly reduced. After the relaunch, security will remain the top priority for bZx.

Did this answer your question?