Risk on Goose Finance

Overview

Goose Finance is a decentralized exchange running on Binance Smart Chain and Pancake swap exchange, with lots of other features that let you earn and win tokens.

Investor

N/A

Partner

N/A

Stats

Total value locked: $ 130,573,180.94

Market Cap: $ 27,260,171

                                                              UTC 2021.3.26 06:04

Token

NAME: EGG

Type: ERC-20

EGG Token Distribution:

Total Supply: 1,444,835

Circulating Supply: 1,185,781

Usage:

Governance

Official Links

Website: https://www.goosedefi.com/

Github: goosedefi · GitHub

Contracts on BSC: 0xf952fc3ca7325cc27d15885d37117676d25bfda6

Roadmap:

High Priority

Goose Vault (auto-compounding other farms). The current design will be having 1.5% to buyback previous layers of Golden Goose + eggs. Generating a new token that has a specific incubator in the layered farming, plus allowing BUSD/BNB to buy-in the auto-compounding sites.

Goose Exchange (AMM like pancake swap)

Medium Priority

Algorithmic Pegged Coin. More information will be released when the tech is nearly complete to prevent people from stealing the idea. (Using Egg to farm it)

Burning Mechanism: Lottery

GGX Sharding. Input a batch of 100 GGX of any layer → output 70 GGX of any layer, 30% of input will be burnt

NFT related system

Low priority

Front-end rebranding

Leveraged-farming (using Alpha Homora’s model)

Completed

Auditing

Burning Mechanism: Layered farming - THE INCUBATOR

To know more about Incubator: Incubator — Layered farming (Unique Burning Mechanism) | by Goose Finance | Feb, 2021 | Medium

Goose IFO (work with other projects)

Audit Report:

HACKEN: https://www.goosedefi.com/files/hackenAudit.pdf

CERTIK: CertiK Security Leaderboard - Goose Finance

Risk Framework

  1. The add function of the MasterChef contract is lack of validations for the _lpToken existence.
  2. The updateEmissionRate function of the MasterChef can fail due to block gas limit if the pool size is big enough.