Organization
- @govnft
Engagement Type
Cantina Reviews
Period
-
Repositories
Researchers
NFT-Based Governance Infrastructure Review of Velodrome
Velodrome is a next-generation AMM on Optimism, combining design elements from Uniswap, Curve, and Convex. Its governance system leverages govNFTs to direct token emissions, distribute protocol fees, and manage voting power through lock-based mechanics.
To ensure the safety of this infrastructure, Velodrome engaged Cantina for a focused security audits review of its NFT-based timelocks and vaults. The scope included frontrun protection, delegation logic, split behavior, and NFT transfer mechanisms under marketplace conditions.
Cantina’s review helps secure protocols operating at the intersection of DeFi and NFT governance.
Additional solutions like bug bounty programs, crowdsourced security competitions, and multisig security are also available to support ongoing resilience and threat mitigation.
Findings
Medium Risk
3 findings
3 fixed
0 acknowledged
Low Risk
7 findings
6 fixed
1 acknowledged
Informational
8 findings
4 fixed
4 acknowledged
Gas Optimizations
4 findings
3 fixed
1 acknowledged