This grant is to engage Zellic in conducting a comprehensive security audit of the Cosmos Hub Liquid Staking Module.
The Liquidity Staking Module (LSM) is a Cosmos SDK fork that extends the staking, distribution and slashing module. It allows users to tokenize delegations and redeem the tokens for their underlying staked assets.
It was recently revealed that DPRK workers might have developed a portion of the LSM originally. While the LSM codebase has undergone significant changes since, especially when it was integrated into the Cosmos Hub, the Atom Accelerator DAO and Informal Systems have engaged Zellic (and Ottersec) to audit the code.
Zellic’s audit of the Cosmos Hub Liquid Staking Module will enhance security, reducing the risk of exploits and safeguarding staked ATOM. Ultimately, Zellic’s audit will strengthen the long-term stability and confidence of the Cosmos Hub, protecting both assets and its reputation.
Over the past few months, Zellic has been engaged by Cosmos Hub governance to perform audits for the Cosmos Hub – including the Inactive Validator Set and Permissionless ICS. Due to the time-sensitive nature of this audit, the AADAO is spearheading the funding for this work instead of going through onchain governance.
