> For the complete documentation index, see [llms.txt](https://docs.burve.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.burve.fi/technicals/risk-assessment.md).

# Risk Assessment

## Audits

Previous versions of Burve have been audited by the Pashov team.

The latest version of Burve is currently undergoing a Sherlock Audit contest.

## Safety Assumptions 

* No Fee-On-Transfer tokens.
* No tokens that revert on zero-value approvals.
* Owners and vetoers are trusted individuals (that will be decentralized over time).
* Owners are expected to set values appropriately. This means:
  * Vertex vaults have acceptable risk tolerances and are expected to not lose token amounts. Currently they can only be ERC4626s.
  * The adjustors and station proxies are properly configured.
  * The bgtExchanges are properly configured and are almost always funded with BGT.
  * New bgtExchange configurations use the previous one as a backup.
  * The deMinimus in searchParams is smaller than 1e6.
  * esX128 for any token is less than 2^24 << 128.


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