Release v1.25.0

Audited by Certora

• True time-based interest accrual: a new per-reserve interest accrual mode based on timestamps instead of slots (existing reserves stay on legacy accrual until migrated).
• Reward distribution follows the reserve's accrual basis (time-based where enabled).
• Zero oracle prices are rejected for all sources and treated as missing readings

Release v1.24.0

• Support for multiple borrow orders on a single obligation. — audited by Certora
• User-customizable fixed-term rollover window, configurable per borrow. — audited by Certora
• New instruction returning the cToken exchange rate, callable through CPI. — audited by OtterSec
• Durable nonces are blocked on admin instructions. — audited by OtterSec, Certora
• The Reserve's limit-crossed timestamps are now always recorded after potentially-crossing operations. — audited by Certora

Release v1.23.0

Audited by OtterSec, Certora

• Reserve-level permissioning.
• Additional configuration items can be updated by the emergency council.

Release v1.22.0

Audited by OtterSec, Certora

• Reserve rewards max APR field renamed to use basis points (reserve_rewards_max_apr_bps)

Release 1.21.0

Audited by OtterSec, Certora

• Reserve rewards

Release v1.20.0

Audited by OtterSec, Certora

• Introduce permissioning system
• Disallow obligation ownership transfer abort after it has been approved by global admin
• Few minor naming and logging improvements

Release v1.19.0

Audited by OtterSec, Certora

• Obligation ownership transfer

Release v1.18.0

Audited by OtterSec, Certora

• Introduce reserve emergency mode

Release v1.17.0

Audited by OtterSec, Certora

• Cancel withdraw ticket handler
• Clone reserve config handler
• More precise compounded interest calculation
• Early repay penalty

Release v1.16.0

Audited by OtterSec and Certora

• Throttle term-based liquidations
• Introduce rollover of term based borrows