May 22, 2023, 1:10 a.m. | Kushal Babel, Philip Daian, Mahimna Kelkar, Ari Juels

cs.CR updates on arXiv.org arxiv.org

We introduce the Clockwork Finance Framework (CFF), a general purpose, formal
verification framework for mechanized reasoning about the economic security
properties of composed decentralized-finance (DeFi) smart contracts. CFF
features three key properties. It is contract complete, meaning that it can
model any smart contract platform and all its contracts--Turing complete or
otherwise. It does so with asymptotically constant model overhead. It is also
attack-exhaustive by construction, meaning that it can automatically and
mechanically extract all possible economic attacks on users' …

analysis automated contract decentralized decentralized-finance defi economic economic security features finance framework general key platform reasoning security smart smart contract smart contracts verification

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