# Security

As a commitment towards the safety of our users and partners, we want to be transparent about the changes and the status of the security audits of our smart contracts.

GEM STOCKS was adapted from THENA, which was adapted from Velodrome codebase, which is directly derived from the Solidly smart contracts that have been open sourced in March 2022.

THENA has been completely audited by PeckShield on March 25, 2023:

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The AMM part of Solidly has been audited by PeckShield that revealed 5 low-severity and 1 informal findings. There have been no security-related incidents involving Solidly smart contracts since their deployment on Fantom in February 2022.

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The Velodrome codebase underwent a security audit and a peer review as part of a Code4rena bug bounty contest. All high or medium-risk issues were resolved pre-deployment, except for one known issue (users can claim eligible rewards from ExternalBribe contracts more than once) that has been addressed via a wrapped contract solution.


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