Auxo Lend is a Cryptonative Credit market which offers the most capital-efficient borrowing solution for Auxo DAO through fixed-income lending. Auxo Lend is built on a newly conceptualised protocol and it's oracle-less. In the current DeFi landscape, most lending protocols are designed as general-purpose and implements safety via over-collateralization at the cost of negative capital efficiency. Security Guarantee → Economic Capital Efficiency → Negative Uses of credit → General Auxo Lend innovates by leveraging the Account Abstraction revolution to deliver a specific-purpose system where lent funds can only be used in a closed system, rather than enforcing overcollateralization in an open system. Because of that, loans are capital efficient and can target a collateralization factor slightly about 100%. Security Guarantee → Algorithmic

Tokenlocker The contract is Upgradable we use uint32 for block.timestamp, meaning the contract will only work until Sun Feb 07 2106 06:28:15 GMT+0000 Any amount which does not result into at least a 1 wei increase in veToken will revert, this is because the multiplier will return zero new veTokens if < 13 wei. Rollstaker We use uint8 for epochs, meaning only 254 epoch are available, roughly 21.5y considering 1 epoch per month. The contract is Upgradable The contract can be paused and actions such as withdraw would not work There is an emergencyWithdraw function which can withdraw all tokens under admin control.

The following sections detail the high, medium and low severity vulnerabilities found throughout the codebase. Low Risk ERC20 operations can be unsafe due to different implementations and vulnerabilities in the standard. To account for this, either use OpenZeppelin's SafeERC20 library or wrap each operation in a require statement. Additionally, ERC20's approve functions have a known race-condition vulnerability. To account for this, use OpenZeppelin's SafeERC20 library's `safeIncrease` or `safeDecrease` Allowance functions. #### Unsafe Transfer ```js IERC20(token).transfer(msg.sender, amount); ```

I've been thinking about our purpose, if you didn't see it before, this is a good time to read this Twitter thread about that. Since the very beginning my journey was inspired by the strong conviction that crypto is going to change the game in investing and open a whole new world of opportunities when it comes to generate wealth and income. A new asset class which would accellerate the process to archive financial indipendence, an opportunity like no other for this generation to escape financial captivity, to skip the line. I still strongly believe that to be the case. For these reasons, we used the statement "Wealth creation for everyone" to try to represent how we felt about what we were building. If you have been following our journey long enough, like Bennet reminded me a couple of weeks ago, then you remember our early effort on Dexwallet, DDAI and Earn Network. There was always an attitude oriented to personal finance in the things we were building, since what we deeply craved was at the very essence to fix our own finances to live a better, more indipendent life.

Today in a couple of occasions, we asked our self as a team, how should we behave on this specific situation? I'm convinced The Culture Book can serve as a powerful guide in these situations. Good Judgment For instance, at the Tech Hurdle, we spoke about how to proceed on regard of the APY calculation. As you know, we value Good Judgement and thinking strategically about how to behave, the book instruct us to be "smart on what must be done well now and what can be improved later". Being pragmatic and accepting that DONE is always better than perfect it's an empowing rule that "frees us" from the procrastination of looking for the "best solution" and, at the same time, allows us to fulfill our mandate for Impact. The Courage to succeed There was also a long conversation, started from the DEFI++ Revamp about how to think about priorities. We understand the need to act intentionally, it means we deeply know why are we doing the things we do. We built conviction, based on facts or at least educated assumptions, that is in fact the best course of action.

Incentivising individuals and committees to create good for the DAO long-term is an hard problem which is best handled interactively. The common approach until now to rewards advisors, fulltime devs and commitee members has been using tokens proactively. In this memo, we suggest that instead of funding ahead of time, Pie good gets funded after a project / committee / individual has been showing to have an impact. Why is Retroactive good It’s easier to agree on what was useful than what will be useful. -Vitalik Buterin Often, the good of an initiative is not initially recognised as such until a lot of people use it, ex: the Oven