Hey all, admins delete if inappropriate!
Reserve Protocol is an Ethereum-based permissionless platform to launch and govern asset-backed stable currencies.
The protocol went live in October, and we have undertaken four independent audits during our launch months (Solidified, Trail of Bits, Halborn, Ackee).
Safety and lack of exploitation in our smart contracts is our number 1 priority, and our Code4 Audit is our last step towards All Clear
I’m hoping on behalf of the team that any Ethereum experts in this sub will come along and help push this final step forward, in return for potential awards from the $210,500 USDC prize pool.
https://code4rena.com/contests/2023-01-reserve-contest
Once we announce our All Clear, anyone (including your good self), can create an asset-backed currency, using around ~50 RWAs / protocols as backing.
So far $300m a month moves through our protocol through the RPay app, predominantly in Latin America, predominantly non-crypto people using us in shops, for payroll, for remittance, and other everyday uses.
Our aim eventually is to give everyone the right to hold stable currency that retains its purchasing power over years, always on-chain 24/7, fully-backed, governed and diversified.
But first we want this fifth audit to validate every line of code, before we ask people to trust large amounts of capital in us.
If you are an auditor, hacker, or know your way around smart contracts, please come and find us!
A 30-minute short film about us: https://youtu.be/JOy0wCVhnwM
Feel free to ask any questions here and the team will happily answer anything.
