PolyYeld V2

PolyYeld’s V1 suffered from a common exploit when they added a token with a transfer tax to their farm as the V1 Masterchef did not support this.

From a technical perspective, PolyYeld has gone through the lengths to resolve every issue found in our report. We could not find any vectors in the Masterchef that could lead to the direct loss of staked funds.

As with any yield farm, this does not yet mean that the protocol will be successful or profitable to the average investor. The native token often drops very rapidly after launch so we recommend you carefully do your research on the project and team and whether they are appropriate for you.

When staking in this project, the main risks you want to look out for are:

• Ensuring that the contract you approve and stake in matches the one we audited. This can be done by comparing the address with the one present in the contracts page in our audit.
• The probability of the value of the native token dropping rapidly simply due to the nature of yield farming. Carefully evaluating the team and project could help with assessing this.