Teddy Cash
  • Introduction
  • General
  • Borrowing
  • Stability Pool and Liquidations
  • Redemptions and TSD Price Stability
  • Frontend Operators
  • Contracts
  • Audits & Risks
  • TEDDY Rewards and Tokenomics
  • TEDDY Staking
  • Recovery Mode
  • AVAX/TSD LP Farming
  • AVAX/TEDDY LP Farming
  • Integrations
  • Links
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Audits & Risks

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Last updated 3 years ago

Teddy Cash has been audited by . Teddy Cash is a fork of the and inherits all risks of that protocol. We have made to Liquity's original set of smart contracts. We recommend you review the following audits done for Liquity in addition to the one done by HashEx.

  • January 2021

  • March 2021

Here are the most notable risks that you should be aware of when using Teddy Cash.

No Backup Oracle

Liquity uses the Chainlink oracle as primary price feed, and a Tellor oracle as fallback. Since the Tellor oracle was not available on Avalanche during deployment, Teddy Cash configured instead an empty contract as oracle, which is equivalent to disabling the backup oracle. Alternative solutions to retroactively add Tellor support once it becomes available, would make the protocol no longer immutable and this introduces additional risks. The removal of the backup oracle has been proven to work in other liquity forks (, , etc).

Potential differences in a new EVM

Any protocol that is forked to a new EVM can contain hard to detect and mission critical bugs that may lead to catastrophic losses. Proceed with extreme caution.

HashEx
Liquity protocol
minimal changes
Trail of Bits
Audit by Coinspect
Fluity
PolyQuity