First-depositor / share-inflation guard
ether.fi'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 in the strict first-depositor/ERC-4626 sense — the LiquidityPool is not an empty vault susceptible to first-deposit inflation at $5.13B TVL. The structurally analogous share-inflation risk (donation attack on eETH share accounting) was explicitly audited by Certora in January 2025 with formal verification coverage. Per taxonomy PD-024, this factor is lending-only. The eETH share inflation audit evidence is noted as positive.
Sources #
- Curator noteProtocol data cache — lending flag.research/protocols/ether-fi/00-data-cache.json — coverage_flags.lending_protocol: falseretrieved 2026-04-28
- Certora eETH Share Inflation Formal VerificationCertora audit 2025-01-16 — 'eETH share inflation by burn shares' — formal verification covering eETH share accounting first-depositor surfaceretrieved 2026-04-28
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 →