Summary

Protocol lacks safeguard mechanisms

Vulnerability Details

In the event of bugs, attacks, need to do update, extreme market conditions, there is no way to pause or control the protocol

Impact

Lack of safeguard mechanisms imply that the event of challenge protocol will not work as expected, stabilization may fail and protocol at risk. It would be prudent for a large protocol that may hold a lot of assets have safety and emergency mechanisms

Tools Used

Manual Analysis

Recommendations

It is recommended that contracts have emergency, safety or pause mechanisms. For example consider making contracts Pausable so that liquidations, deposits can be paused to protect the project in rare but potentially harmful cases to the project and its assets and working