Asset Security and Transparent Chain of Custody

At Civilization, we understand that the security of your investments is paramount. Our commitment to safeguarding your assets is reflected in the robust security measures we have implemented. This post provides an in-depth look at our security systems, strategies, and audit processes designed to ensure the highest level of protection for your funds.

1. The Vault System: Our Core Security Infrastructure

The heart of CivFund’s security lies in our advanced vault system. This system is designed to manage funds through a secure vault contract, ensuring that your capital is always protected.

  • Secure Deposits: Users deposit their capital into the vault contract, which then allocates these funds into various strategies.
  • Controlled Fund Transfers: The vault is configured to prevent the transfer of funds to any wallets other than the designated multi-sign wallet. This multi-sign wallet requires multiple approvals for any transaction, thereby preventing any single user from managing it independently.

This multi-layered approach ensures that your investments are managed securely, with strict controls over fund transfers and access.

2. Hedging Strategies: Protecting Your Invested Capital

To further safeguard your investments, CivFund adopts sophisticated hedging strategies. These strategies are designed to protect the invested capital against market volatility and other risks, such as impermanent loss.

  • Perpetual DEXs: We currently manage hedging on Perpetual Decentralized Exchanges (DEXs) such as GMX and Jupiter.
  • Centralized Exchanges (CEXs): While hedging on CEXs involves third-party risks, we mitigate this by investing only a portion (around 20%) of the total capital. We ensure the use of the most mature markets and reputable exchanges, such as Binance, while also diversifying with other accounts like OKX.

This balanced approach minimizes risk and enhances the security of your invested capital.

3. Rebalancing Process: Enhancing Operational Security

Another crucial security measure is our rebalancing process. This process is designed to handle deposits and withdrawals of capital efficiently and securely.

  • User Interaction: During an epoch, investors can book a withdrawal or deposit of capital, which will be processed at the end of the epoch when the rebalancing phase occurs.
  • Fully Automated: The rebalancing process has been fully automated, reducing the risk of human error and providing a higher level of security. This approach strengthens trust in the platform’s operations, guaranteeing that fund movements are securely managed and protected against potential vulnerabilities.
  • Smart Contract Bound: The rebalancing steps are mechanically straightforward and bound by the smart contract, providing a secure and transparent process.

By implementing this rebalancing process, we address a significant portion of potential security issues, enhancing security measures for your investments.

4. Multi-Signers: Establishing Trust and Security

The CivFund wallet that holds fees earned by the platform is managed by a group of 7 trusted multi-signers plus a Strategic Advisor. This ensures that no single individual has control over the funds, adding an extra layer of security. Additionally, these multi-signers are delegated by the community to make decisions regarding the development of the project, which are ultimately voted on by the DAO.

Multisigner-Managed Wallet: 0x1E235E7e4D73A9800F688068Ed08C1C4A6b384B4

These seven signers are responsible for managing the wallet, requiring multiple approvals for any transactions, safeguarding the security and integrity of the funds.

5. Comprehensive Audits: Assuring Code Integrity and Security

Security at CivFund is not just about systems and strategies; it’s also about rigorous auditing. We partner with FYEO, a leading security audit firm, to ensure the integrity and security of our codebase.

The FYEO Audit Process:

  • Security Posture Assessment: FYEO assesses our security posture, identifying current and future risks within our deployed chain and contract infrastructure.
  • Security Measures Evaluation: They provide an opinion on the maturity, adequacy, and efficiency of our security measures.
  • Issue Identification and Recommendations: FYEO identifies potential issues, including scenarios that could lead to loss of funds, and provides improvement recommendations based on their assessment.
  • Enhanced Code Security: The audit process helps our development team understand and implement more secure coding practices, contributing to the overall quality and security of the project.

Through this meticulous audit process, we ensure that our code is secure, reliable, and capable of protecting your investments against potential threats.

Read FYEO Audit – PDF Available


6. Chain of Custody

Civilization commits to a stringent Chain of Custody for all assets managed through CivFund. This system guarantees that every movement of funds is fully traceable, secure, and transparent for our investors. Each step is designed to protect assets from unauthorized access while providing complete visibility into how capital is utilized.

Conclusion: Investing with Confidence

Civilization prioritize the security of your investments through a comprehensive approach that includes a secure vault system, robust hedging strategies, an effective rebalancing process, trusted multi-signers, severe audits and a thorough chain of custody. These measures work together to provide you with a secure and reliable platform for managing your capital. We are committed to continuously enhancing our security infrastructure to protect your assets and give you peace of mind.