Security
Last updated
Last updated
Lumen Money leverages the extensively audited and battle-tested codebase of Compound V2, establishing a robust foundation for security.
Additionally, Lumen Money operates a bug bounty program aimed at continuously enhancing the protocol's security measures.
Protocol Operations
To further bolster security, all contracts are equipped with a 48-hour transaction timelock, and administrative access is managed through a multisignature system.
Price Feeds
In order to help safeguard money market activities on Lumen, we needed to integrate accurate, reliable, and high-frequency price feeds.
After evaluating various oracle solutions, we chose to integrate the permissionless pull-type oracles from the Pyth Network, which is one of the most reputable and reliable data providers in the industry.
This integration allows us to precisely monitor asset values and initiate liquidations as necessary.