Role separation: upgrade ≠ fee ≠ oracle

Pendle Finance's assessment for RD-F-035 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Partial role separation: upgrade = ProxyAdmin EOA; fee = Treasury Safe; gauge/emission = Dev Multisig. However, ProxyAdmin EOA could upgrade any proxied contract to redirect fees or emissions. Cross-chain adds LayerZero governance messaging complexity.

Sources #

GitHub
Pendle Ethereum deployment JSON — role separationDeployment JSON separates governance, devMultisig, treasury addressesretrieved 2026-04-29

Methodology #

Determine whether the upgrade role, fee-collection role, and oracle-config role are assigned to distinct addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol pendle factor RD-F-035 score yellow collected_at 2026-04-28 21:09:40