Audits and Transparency

Transparency Features

  1. On-Chain Visibility:

    • Every transaction, including wrapping (zipping) and unwrapping (unzipping), is recorded on Fabric’s blockchain.

    • Users can verify their transactions and the status of their zAssets using FabricScan.

  2. Traceable Asset Contracts:

    • Each zAsset is tied to a unique contract address on Fabric, linked directly to its originating blockchain.

    • Users can confirm the backing of their zAssets by comparing Fabric and source chain contract addresses.

  3. Real-Time Vault Balances:

    • Zipper’s vaults are fully auditable, allowing users and third-party services to verify that all zAssets are 1:1 backed by their original assets.


Audit Processes

  1. Smart Contract Audits:

    • Zipper’s smart contracts undergo rigorous external audits to ensure they are free from vulnerabilities.

    • Key areas of focus include:

      • Minting and burning logic.

      • Vault security.

      • Transaction flow and compliance integration.

  2. Independent Oversight:

    • External audit reports are published and made accessible to the public for full transparency.

    • Regular reviews are conducted to identify and mitigate potential risks.

  3. Community Audits:

    • The open nature of Zipper’s on-chain activities allows independent developers and users to monitor and verify the system’s integrity.


Why Audits and Transparency Matter

  • Builds User Confidence:

    • Transparent operations and public audits reassure users that their assets are secure and properly managed.

  • Protects the Ecosystem:

    • Independent audits reduce the risk of vulnerabilities, safeguarding the integrity of the Fabric ecosystem.