Ulysses Protocol

Maia DAO
May 23, 2023
1

Informational

4

Low

2

Medium

7

High

4

Critical

Prepared by

Ulrich M.

Engineer

Katerina B.

Engineer

About

Ulysses Protocol is a decentralized and permissionless community-owned omnichain liquidity protocol designed to promote capital efficiency in the face of an evermore fragmented liquidity landscape in DeFi. It enables liquidity providers to deploy their assets from one chain and earn revenue from activity in an array of chains all while mitigating the negative effects of current market solutions. In addition, it offers a way for DeFi protocols to lower their operational and managing costs by incentivizing liquidity for a single unified liquidity token instead of managing incentives for pools scattered across different AMMs and chains.

Executive Summary

Zellic conducted a security assessment for Maia DAO from March 27th to April 14th, 2023. During this engagement, Zellic reviewed Ulysses Protocol's code for security vulnerabilities, design issues, and general weaknesses in security posture.