BTC Lending Smart Contract Audit Report

Bifrost
2 min readSep 10, 2021

BiFi is the world’s first DeFi lending protocol that connect the Bitcoin and Ethereum networks directly. Users can deposit native BTC to borrow ERC20 assets, or vice versa, on the Ethereum network on BiFi.

BIFROST and BiFi have always put security at the forefront of our development process. With countless breaches threatening the reputation and stability of the blockchain industry, we believe one of the most important contribution that we can make to the decentralized ecosystem is with relentless focus on security.

BIFROST maintains computational integrity of publicly trustworthy blockchains rather than creating a new chain again and uses fraud proofs to verify that the actions of the Relayer are correct.

To maintain the highest security in all our developments and guarantee the safety of user’s funds, it is crucial to conduct smart contract security audits by leading security audit firms. We are happy to share the audit report for BiFi BTC Lending below, conducted by CertiK and Theori.

Security Audit by CertiK

Read the full report here.

Security Audit by Theori

Read the full report here.

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Bifrost is the ultimate cross-chain L1 blockchain welcoming all DApps! www.bifrostnetwork.com