Smart Contract Risk

Understanding smart contract security and operational controls

Audits

Three independent security firms have audited Buck's smart contracts:

Auditor
Status
Report

Cyfrin

✅ Complete

Spearbit

✅ Complete

SSC

✅ Complete

All critical and high-severity findings have been resolved. Audits reduce but don't eliminate risk — unknown attack vectors may exist.

Upgradeability

Buck uses UUPS proxy contracts. All upgrades require multi-sig approval and a 48-hour timelock. Pending upgrades are visible on-chain before execution.

Your BUCK balance, redemption ability, and core ERC-20 mechanics cannot be changed without notice.

Emergency Pause

In case of a critical vulnerability or market emergency, minting and redemption can be paused. BUCK transfers and yield accrual continue normally during a pause. Operations resume after manual review.

Custody

Treasury assets are held via Fireblocks (institutional MPC custody, SOC 2 Type II certified). No single key can sign transactions.

Report to: [email protected]


Next: Independent Reserve Attestations →

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