We are thrilled to announce the deployment of the latest version of the ParaSwap Aggregator Smart Contract, Augustus V6.2.
Alongside V6.1 maximized security and unparalleled gas efficiency, this new version of the ParaSwap protocol offers enhancements to the fee-claiming mechanism for partners integrating through the ParaSwap API, giving them more control over their fees and surplus.
Full re-audit by leading security firms
Since V6.2 introduces only minor changes to its predecessor, the five audits and verification by Certora for V6.1 remain relevant. Nonetheless, Augustus V6.2 was audited by three additional security firms to ensure protection against vulnerabilities.
For detailed information on the security measures and audit reports, please visit the ParaSwap Security documentation.An additional mechanism for accelerated threat response
Augustus V6.2 is designed to be fully pausable, allowing swift response to potential issues. This means that if any suspicious activity is detected, it can be immediately halted.TimeLock mechanism for Admin Actions
Except for Pausing, all Augustus V6.2 contract admin actions are subject to a TimeLock, which makes it resilient to immediate changes.Enhanced Bug Bounty Programs
Following the payout of the existing Hats Bug Bounty Program to a report that helped us identify the V6 exploit, we are in the final stages of proposing a new bug bounty program. Its goal will be to keep incentivizing the community to report vulnerabilities, ensuring continuous monitoring and improvement. Details of these programs will be announced soon.
On top of its additional security measures, Augustus V6.2 still introduces four main improvements that lead to an upgraded trading and developer experience:
Unbeatable Gas Efficiency
V6.2 design optimizes gas consumption throughout the aggregation process. As a result, V6.2 is one of the most gas-optimized contracts in the aggregator ecosystem.Integration Scalability
V6.2 improves the speed at which new liquidity sources can be integrated into ParaSwap. While DexLib already gives developers an independent way to request integrations into our aggregator, which has +160 integrations, V6.2 significantly improves reviewing and approving new liquidity sources. The less complex system will expedite adding new liquidity sources to ParaSwap much faster.Trade Safely
V6.2 also introduces additional checks to minimize trade reversals and maximize reliability, resulting in a smoother trading experience for API partners and users.Enhancements to the fee-claiming mechanism for partners
Partners integrating through ParaSwap API can now redirect surplus to their users, ensuring even better prices, and transfer swap fees directly to their Partner wallets without using the ParaSwap Fee Claimer.