First-depositor / share-inflation guard

BENQI's assessment for RD-F-075 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Not applicable for the same reason as F074: qiTokens are Compound V2-style cTokens, not ERC-4626 vaults. The first-depositor / share-inflation guard factor applies to ERC-4626 vault designs. The cToken-equivalent risk (donation attack on empty markets) is captured under F070 and F071. No standalone ERC-4626 vault found in BENQI's primary product suite.

Sources #

URL
BENQI Smart Contracts — GitHub repository structureBENQI GitHub — repo structure confirms cToken architecture in lending/ directory; no ERC-4626 vault module identifiedretrieved 2026-05-16

Methodology #

Determine whether the vault has a first-depositor guard (seed deposit on deploy, virtual-share offset, or floor-check).

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol benqi factor RD-F-075 score not_applicable collected_at 2026-05-16 11:02:12