GovCheck

What is GovCheck?

GovCheck is a independant consultancy service provided by Sub7 Security, which monitors governance proposals, multisig proposals, smart contract transactions and any onchain process involving changes, upgrades, or fixes. Upon detection, a security expert preforms a technical verification of the expected changes to be executed in-chain and produces a public report published in agreed forumns and community channels.

Why is This Important?

In decentralized governance, how can you be sure that the proposal you are voting for is exactly what will be technically implemented? There is often a security gap between the proposals written and voted on by the community and the actual code that gets deployed to the smart contracts. GovCheck aims to close this gap by introducing a layer of verifiability, ensuring the technical implementation aligns with what the community agreed upon.

SCCP-2089: Update Loan Parameters

Synthetix

Success

SCCP-2101: Update Issuance Ratio

Synthetix

Success

KIP-122: Add Fees to V2 Perps

Kwenta

Failed

KIP-116: Smart Margin v3 Upgradability

Kwenta

Success

KIP-115: Reduce Staking Cooldown

Kwenta

Success

KIP-101: Deploy Kwenta Token on Base

Kwenta

Success

SCCP-2102: Update burnFeeRate

Synthetix

Success

SCCP-2088: Update ETH Wrapper Parameters

Synthetix

Success

Compound ID 404 - Adding more collaterals in Comet by restructuring collateral data storage.

Compound

Success

Compound ID 418 & ID 407 - Listing tETH as Collateral on Compound

Compound

Success

Compound ID 420 - Deployment of Compound III on Ronin

Compound

Success