Smart Contract Risk

Smart contracts are inherently a new form of financial settlement technology, which may be vulnerable to hacks and exploits. While these risks exist, the USDO smart contract is developed on the back of established code standards that have been battle-tested and widely adopted.

Apart from maintaining good smart contract development and security practices, the USDO smart contract has been formally audited by ChainSecurity for any potential security flaws.

While every effort has been made to ensure that the USDO smart contract abides by the highest standards of security at the time of deployment, there is no guarantee that new attack vectors will not arise in the future, as smart contract technology is continuously evolving. Therefore, the OpenEden team will endeavour to be in compliance with the most updated security practices, as well as keep abreast of new security exploits. The following are the smart contract audit reports for the USDO token contract:

• Chain Security, September 2024