Beanstalk Farms · July 22nd, 2022
Beanstalk Farms is pleased to announce that Trail of Bits has completed a formal audit of Beanstalk’s smart contracts ahead of Replant.
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The Beanstalk DAO approved and committed BIP-4 to hire Trail of Bits to perform a code audit on Beanstalk.
Trail of Bits completed its audit on July 22, 2022, identifying 13 findings that were solved or acknowledged prior to the release of the report.
This is one of two audits performed on Beanstalk ahead of replant - the other audit with Halborn was completed on July 13, 2022.
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Beanstalk is a decentralized protocol that allows anyone to realize the value of an open, credit based stablecoin. The Beanstalk community of lenders, borrowers and savers secures a protocol-native stablecoin, Bean, with the goal of creating the most accessible digital money system. By eliminating collateral requirements, Beanstalk is the catalyst for a trustless money that unlocks the potential of decentralized finance for everyone.
To learn more about Beanstalk, please visit our website.