> ## Documentation Index
> Fetch the complete documentation index at: https://docs.batt.farm/llms.txt
> Use this file to discover all available pages before exploring further.

# Security

[한국어로 읽기](https://docs.batt.farm/contracts-and-security.md)

## Built on the Liquity codebase

batt is built on the Liquity v2 codebase.

## Security audits

The Liquity codebase on which batt is based has undergone eight security audits. Both the underlying codebase and batt's modifications have undergone external audits.

> [!NOTE]
>
> This page does not yet include the audit reports or specify the code versions and scope each report covers. Review audits of the Liquity codebase separately from audits of batt's modifications.

## No administrator control over positions

batt administrators do not set borrowing rates or adjust the peg. The protocol is designed so administrators cannot intervene in users' positions by changing parameters.

Borrowers choose their own rates. Redemptions and arbitrage are designed to support the peg. See [How it works](https://docs.batt.farm/en/mechanism.md) for the mechanics.


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