Beosin Has Completed Security Audit Service of Clip Protocol

Project Overview

Audit work duration: May 9, 2022 — May 9, 2022

Audit methods: Formal Verification, Static Analysis, Typical Case Testing and Manual Review.

Audit team: Beosin Technology Co. Ltd.

About CLIP

CLIP is a revolutionary DeFi protocol that focuses on safety, usability and transparency for defi users. The protocol’s API offers users the ability to access the top protocols across multiple defi chains through a single interface. Additionally, the platform provides security checks and data transparency that enables users a much better experience than other platforms. Finally, Hunters on the platform spot and promote the best investment opportunities which then allow users to achieve rapid returns and excellent profitability.

Audit results

After auditing, no risk items were identified in the CLIP project. Enter 202205101825 to view the report at https://beosin.com/#/index/service/contracts.

Process

Beosin has focused on the core security issues such as contract implementation, execution of business logic, centralized permission control, and transaction replay. The auditing workflow is mainly as follows:

1. Conduct preliminary source code review;

2.Use Beosin’s self-developed formal verification engine to conduct an in-depth detection of the contract codes in all aspects;

3.Practical deployment and validation via sandbox simulation;

4.Manual line-by-line code review by security experts;

5.Complete the final audit report.

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