Audits
Omnipair’s smart contracts have undergone professional security audits to identify and address potential vulnerabilities before deployment.
| Program | Auditor | Date | Report |
|---|
| Omnipair GAMM | Ackee | Q1 2026 | View |
| Omnipair GAMM | Offside Labs | Q1 2026 | View |
Futarchy Authority
The Futarchy Authority is a protocol-level account that controls revenue distribution and emergency protocol settings. It is currently controlled by the team multi-sig but will be transferred to DAO governance once the program becomes immutable.
Revenue Configuration
The Futarchy Authority defines two key revenue parameters:
| Parameter | Description |
|---|
swap_bps | Percentage of swap fees allocated to the protocol (remainder goes to LPs) |
interest_bps | Percentage of interest fees allocated to the protocol (remainder goes to LPs) |
Revenue Distribution
Protocol fees are distributed to three recipients based on configurable percentages that must sum to 100%:
| Recipient | Description |
|---|
| Futarchy Treasury | DAO-controlled treasury for protocol development and grants |
| Buybacks Vault | Funds allocated for protocol token buybacks via CDA |
| Team Treasury | Team operational expenses and contributor compensation |
Fee Claiming
The claim_protocol_fees instruction is permissionless — anyone can call it to trigger fee distribution from any pair. Fees are calculated as the surplus between vault balances and accounted cash reserves:
claimable_fees = vault_balance - cash_reserve
Emergency Controls
The Futarchy Authority includes a global_reduce_only flag that, when enabled, blocks new borrowing and liquidity additions across all pairs. This serves as an emergency mechanism to protect the protocol during adverse conditions.
Once the Omnipair program is made immutable, control of the Futarchy Authority will be transferred to the DAO, enabling decentralized governance over revenue parameters and emergency controls.
