Copycat Finance

This audit is a Paladin Round Table audit. As Paladin is a user-safety focused auditor, we may identify and mark issues as higher risk than what may be considered the norm in the industry since we tend to take the perspective of the user when approaching the audit.

Projects where the leadership require more governance freedom than usual will fall under our Round Table audit. These projects are usually more complex than most others, and thus the project leadership requires the ability to navigate around and react appropriately to bugs and exploits, such as having the ability to correct mistakes and migrate funds to new contracts. This ability however could mean that the project leadership has full control over staked funds, assets, tokens and many of the key aspects of the protocol.

If the leadership becomes malicious or the private keys get compromised, this could have negative effects on investor funds, including but not limited to loss of all staked or approved funds. Investors should thus carefully consider the reputation, honesty and experience of the teams that participate in our Round Table audits apart from carrying out standard due-diligence.