To ensure top notch security, Aave Protocol has had audits by Trail of Bits, Open Zeppelin and Consensys Diligence. We also have an ongoing bug bounty program where community members can report any bugs or vulnerabilities.
Find more information on the Bug Bounty page.
Aave will keep ownership of the protocol in these early days in order to ensure that the protocol remains secure if any issues arise. Once the governance is ready to be released, ownership of Aave Protocol will migrate to the governance smart contracts and AAVE token holders will be able to vote on smart contract updates.
Aave Protocol has integrated with Chainlink to power the Aave oracle network, securing its cryptocurrency price feeds live. By leveraging Chainlink oracles, Aave Protocol’s prices reflect real-time conditions on and off chain. Decentralization is the foundation of Aave Protocol, and Chainlink guarantees a decentralized oracle service that cannot be exploited at a single point. Live price feeds can be found here.