Gnosis Safe

Oscarswap & Gnosis Safe Integration — Security & Decentralization

Oscarswap first smart contract was deployed on 25th April. Dev team tested smart contract on testnet before onboarding third party audit firm. On 4th May 2023 Oscarswap partnered Certik for Audit, they’ve revised our smart contract and found centrlization privilege issue and suggest short term, permanent recommendation. We’ve followed instructions and made changes as following.

Smart contract ownership is given to the Gnosis Safe:

https://arbiscan.io/address/0xe41EE9011AD00B8b477012c2A32E3F64b25e4fD2

Gnosis Safe was chosen as it is the most trusted platform to manage digital assets with their multi-signature format for DAOs and teams.

The purpose of having signatures to confirm every transaction is to lower the risk of having unauthorized access to company crypto assets and smart contract. There are a total of 3signatures required to authorize transactions in order to enhance the security in Oscarswap as well as keeping the smart contracts decentralized.

Decentralization Efforts Oscarswap adopts Gnosis Safe to improve the decentralization of the project.

The deployment of Gnosis Safe is at 0xe41EE9011AD00B8b477012c2A32E3F64b25e4fD2

With following owners/co-signers:

Signer 1: 0x3166Dfd7cFb2F66e9Fc6188955b29D9F1c35A679

Signer 2: 0xeAad3bef98EfB1c1a8b515415c01fecb1b12fffd

Signer 3: 0xe73E4C5Bb944A2195c1cFD3aC474582025d368Ed

Since only 2 out of 3 wallets are required to sign in order to proceed Gnosis Safe. Therefore, given first 2 wallet addresses are owned&signed by Oscar Swap core team members and the third wallet is owned by CEO of Oscarswap.