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Security Audit Complete: Oak Network Ready for Mainnet

· 4 min read
Oak Network Team
Core Development Team

We're proud to announce that Oak Network has successfully completed comprehensive security audits and is ready for mainnet deployment on Celo.

Audit Results

PeckShield Security Audit

Our smart contracts have undergone rigorous security analysis by PeckShield, a leading blockchain security firm. The audit covered:

  • Smart Contract Security: Code review and vulnerability assessment
  • Economic Security: Tokenomics and incentive analysis
  • Integration Security: Cross-contract interaction analysis
  • Upgrade Security: Governance and upgrade mechanism review

Key Findings

No Critical Vulnerabilities Found
No High-Risk Issues Identified
All Medium-Risk Issues Resolved
Security Best Practices Implemented

Security Model

Zero Key Storage Policy

Oak Network never stores private keys. We leverage industry-leading security providers:

  • Privy: Embedded wallet management and social authentication
  • Turnkey: Enterprise-grade hardware security modules
  • User Wallets: Direct blockchain interactions with user-controlled keys

Multi-Layer Security Architecture

Security Architecture

Security Features

Smart Contract Security

  • Access Control: Multi-level permission system
  • Reentrancy Protection: Checks-effects-interactions pattern
  • Input Validation: Comprehensive parameter validation
  • Pausability: Emergency pause mechanisms
  • Upgradeability: Secure upgrade patterns

Key Management Security

Privy Integration

import { PrivyProvider } from '@privy-io/react-auth';

function OakNetworkApp() {
return (
<PrivyProvider
appId="your-privy-app-id"
config={{
embeddedWallets: {
createOnLogin: 'users-without-wallets',
requireUserPasswordOnCreate: true
},
loginMethods: ['email', 'google', 'apple'],
appearance: {
theme: 'dark',
accentColor: '#10b981'
}
}}
>
<App />
</PrivyProvider>
);
}

Turnkey Integration

import { TurnkeyClient } from '@turnkey/turnkey-sdk';

const turnkeyClient = new TurnkeyClient({
apiBaseUrl: 'https://api.turnkey.com',
apiKey: process.env.TURNKEY_API_KEY,
privateKey: process.env.TURNKEY_PRIVATE_KEY
});

// Create secure key for platform
const keyResponse = await turnkeyClient.createKeys({
organizationId: 'your-org-id',
keyName: 'oak-platform-key',
curve: 'CURVE_SECP256K1',
addressFormats: ['ADDRESS_FORMAT_ETHEREUM']
});

Audit Report

Download Full Report

The complete audit report is available for download:

Key Security Measures

  1. Access Control

    • Protocol Admin: Global protocol control
    • Platform Admin: Platform-specific control
    • Campaign Owner: Campaign-specific control
    • Public: Read-only access
  2. Input Validation

    • Parameter bounds checking
    • Type safety enforcement
    • Overflow protection
    • Array length validation
  3. Reentrancy Protection

    • External calls made last
    • State updates before external calls
    • Checks-effects-interactions pattern
  4. Emergency Procedures

    • Pause mechanism
    • Upgrade mechanism
    • Incident response plan

Bug Bounty Program

Ongoing Security Program

We maintain an active bug bounty program to ensure continued security:

  • Critical: Up to $50,000
  • High: Up to $10,000
  • Medium: Up to $5,000
  • Low: Up to $1,000

Scope

  • Smart contract vulnerabilities
  • Integration security issues
  • Economic exploits
  • Governance attacks

Submission

Report vulnerabilities to: security@oaknetwork.org

Security Monitoring

On-Chain Monitoring

  • Transaction monitoring
  • Anomaly detection
  • Community reports
  • Regular security assessments

Off-Chain Monitoring

  • Real-time threat detection
  • Automated security scanning
  • Community security reports
  • Regular penetration testing

Best Practices for Developers

Smart Contract Development

// Use established patterns
import "@openzeppelin/contracts/security/ReentrancyGuard.sol";
import "@openzeppelin/contracts/access/Ownable.sol";

// Implement proper access control
modifier onlyAuthorized() {
require(authorized[msg.sender], "Not authorized");
_;
}

// Validate all inputs
function updateParameter(uint256 newValue) external {
require(newValue > 0, "Invalid value");
require(newValue <= MAX_VALUE, "Value too high");
parameter = newValue;
}

Integration Security

// Validate all inputs
function validateCampaignData(data) {
if (!data.creator || !ethers.utils.isAddress(data.creator)) {
throw new Error('Invalid creator address');
}

if (data.goalAmount <= 0) {
throw new Error('Invalid goal amount');
}
}

// Handle errors gracefully
try {
await contract.createCampaign(campaignData);
} catch (error) {
if (error.message.includes('INVALID_INPUT')) {
// Handle invalid input
} else if (error.message.includes('UNAUTHORIZED')) {
// Handle unauthorized access
}
}

Community Security

Security Resources

Support Channels

What's Next?

With security audits complete, we're ready to:

  1. Launch on Mainnet: Deploy to Celo mainnet
  2. Community Testing: Open beta testing program
  3. Platform Integrations: Partner with platforms
  4. Developer Onboarding: Support developer adoption

Thank You

Thank you to our security auditors, the community, and everyone who has helped ensure Oak Network is secure and ready for production use.

Security is our top priority, and we're committed to maintaining the highest standards as we build the future of decentralized crowdfunding.


For more information about our security model, visit our Security Overview or join our Discord community.