Alpha FAQ
FAQ for Cygnus alpha launch.
Have the smart contracts been audited? Yes, the core and periphery contracts are audited and public. We followed Uniswap's typical architecture of separating the protocol between core and periphery contracts. The core contracts hold all user's assets and focuses on security, while the periphery focuses on UX and ease of use to interact with core. We built a periphery contracts for our frontend but anyone can create their own and interact with the protocol. Cygnus Core + Periphery audit: https://github.com/borosorus/CygnusDAO-audit
What happens if I lose funds on Alpha?
Cygnus is permissionless and non-custodian. Using the Cygnus app is at your own risk. Loss of funds will not be covered by Cygnus.
Is the code open-source?
Yes, all code can be found on our Github.
Can my position be liquidated? Yes. The core contracts and oracle are live, so any position is still subject to liquidation.
Is there a bounty program? No. It is currently being discussed by the team.
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