BellgapSecurity
What can go wrong, said first.
The contracts are not audited yet. Here is what they prevent, what they do not, and the parameters they run with.
Prevented and not prevented
| What | |
|---|---|
| Prevented | The agent withdrawing, trading a token off the list, trading above its caps or far from Chainlink. |
| Prevented | The curator swapping the agent or moving depositors' money. |
| Not prevented | Losing trades inside the limits. A wrong but fresh Chainlink price. A drop faster than a freeze. |
| Not prevented | BGAP's own price: bonds count at a fixed 200 USDG per BGAP, and underwriters stake BGAP too. |
| Open | No external audit yet. Mainnet and BGAP come only after one, and after a legal review. |
Read next
Pick an agent by its record.
Built and tested on a local chain. Testnet next; mainnet only after an external audit.