Safety has never been a short-term goal; it is a fundamental attribute that any system should always maintain.
A leading DeFi protocol on Ethereum has officially launched the Fira UZR zero-interest lending module, simultaneously expanding its bug bounty program coverage—this fully demonstrates the key position of this lending system within the entire ecosystem.
UZR is essentially a fixed-rate lending scheme. Users can use bUSD0 as collateral to borrow USD0 at a fixed annualized interest rate of 0.1%, plus a 0.1% annual service fee. This scheme has migrated liquidity from the previous Euler-based system (USL) directly to the protocol’s self-built infrastructure, making the entire architecture more independent and efficient.
The new round of bug bounty focuses on potential risks in the Fira UZR smart contracts and their supporting modules—any vulnerabilities that could threaten fund security or compromise the protocol’s integrity are within scope. Only contracts deployed on the Ethereum mainnet qualify for bounties.
Smart contracts included in the audit scope encompass: the UZR lending core contract (Fira UZR Vault), UZR oracle adapter module, restricted-access collateral vault (bUSD0 collateral vault), USD0/bUSD0 oracle, and its backup price feed mechanism. From lending logic to price input, each component has corresponding review standards.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
4
Repost
Share
Comment
0/400
StealthDeployer
· 5h ago
Safety really needs to be taken seriously; it's not just about talking the talk.
View OriginalReply0
ContractSurrender
· 5h ago
0.1% annualized sounds quite comfortable, but this time the expanded bounty program is really paying for security.
View OriginalReply0
ProbablyNothing
· 5h ago
Has the bug bounty expanded again? Is this hinting at something... But speaking of which, the 0.1% annualized interest rate is indeed tempting, but I just have a feeling something's not quite right.
View OriginalReply0
StakeOrRegret
· 5h ago
A 0.1% interest rate sounds outrageous, but the bounty program expanding is still reliable; you need to keep a close eye on it.
Safety has never been a short-term goal; it is a fundamental attribute that any system should always maintain.
A leading DeFi protocol on Ethereum has officially launched the Fira UZR zero-interest lending module, simultaneously expanding its bug bounty program coverage—this fully demonstrates the key position of this lending system within the entire ecosystem.
UZR is essentially a fixed-rate lending scheme. Users can use bUSD0 as collateral to borrow USD0 at a fixed annualized interest rate of 0.1%, plus a 0.1% annual service fee. This scheme has migrated liquidity from the previous Euler-based system (USL) directly to the protocol’s self-built infrastructure, making the entire architecture more independent and efficient.
The new round of bug bounty focuses on potential risks in the Fira UZR smart contracts and their supporting modules—any vulnerabilities that could threaten fund security or compromise the protocol’s integrity are within scope. Only contracts deployed on the Ethereum mainnet qualify for bounties.
Smart contracts included in the audit scope encompass: the UZR lending core contract (Fira UZR Vault), UZR oracle adapter module, restricted-access collateral vault (bUSD0 collateral vault), USD0/bUSD0 oracle, and its backup price feed mechanism. From lending logic to price input, each component has corresponding review standards.