ATEG Info
ATEG Capital FlexCo stands for innovation, transparency, and community. Our goal is to explore new paths and create a sustainable, fair solution that provides long-term value – for everyone who shares our vision. This platform is designed to give you a first insight into our philosophy. We invite you to get to know our ideas, discover our approaches, and perhaps even become part of this movement.
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Summary and Final Words
No crucial issues found
The contract does not contain issues of high or medium criticality. This means that no known vulnerabilities were found in the source code.
Contract owner cannot mint
It is not possible to mint new tokens.
Contract owner cannot blacklist addresses.
It is not possible to lock user funds by blacklisting addresses.
Contract owner cannot set high fees
The fees, if applicable, can be a maximum of 25% or lower. The contract can therefore not be locked. Please take a look in the comment section for more details.
Contract cannot be locked
Owner cannot lock any user funds.
Token cannot be burned
There is no burning within the contract without any allowances
Ownership is renounced
The contract does not include owner functions that allow post-deployment modifications.
Contract is not upgradeable
The contract does not use proxy patterns or other mechanisms to allow future upgrades. Its behavior is locked in its current state.
Scope of Work
This audit encompasses the evaluation of the files listed below, each verified with a SHA-1 Hash. The team referenced above has provided the necessary files for assessment.
The auditing process consists of the following systematic steps:
- Specification Review: Analyze the provided specifications, source code, and instructions to fully understand the smart contract's size, scope, and functionality.
- Manual Code Examination: Conduct a thorough line-by-line review of the source code to identify potential vulnerabilities and areas for improvement.
- Specification Alignment: Ensure that the code accurately implements the provided specifications and intended functionalities.
- Test Coverage Assessment: Evaluate the extent and effectiveness of test cases in covering the codebase, identifying any gaps in testing.
- Symbolic Execution: Analyze the smart contract to determine how various inputs affect execution paths, identifying potential edge cases and vulnerabilities.
- Best Practices Evaluation: Assess the smart contracts against established industry and academic best practices to enhance efficiency, maintainability, and security.
- Actionable Recommendations: Provide detailed, specific, and actionable steps to secure and optimize the smart contracts.
A file with a different Hash has been intentionally or otherwise modified after the security review. A different Hash may indicate a changed condition or potential vulnerability that was not within the scope of this review.
Final Words
The following provides a concise summary of the audit report, accompanied by insightful comments from the auditor. This overview captures the key findings and observations, offering valuable context and clarity.
Smart Contract Analysis Statement
Contract Analysis
The ATEGDV contract implements an ERC20 token with a fixed supply and configurable transfer mechanics, including an optional transfer tax, a deflationary burn on transfers, reflection rewards for holders, owner-triggered burning, a maximum-token-amount-per-address limit, and an on-chain document URI. The deflationary burn and reflection rewards were disabled at deployment. According to the issuer, the ATEG.DV token is issued by ATEG Capital FlexCo, which operates and bears responsibility for the surrounding ecosystem.
Ownership Privileges
The ownership of the contract has been renounced. The owner functions remain present in the code but can no longer be executed. The following privileges were held by the owner prior to renouncement:
- The owner could set a new document URI and set and raise the maximum token amount per address.
- The owner could set the tax configuration (tax address and rate).
- The owner could burn their own tokens, and could exclude or include wallets from fees and limits as well as from rewards.
- The owner could transfer or renounce ownership.
- The owner cannot mint new tokens — the supply is fixed at deployment and there is no mint function.
- The owner cannot burn other wallets' tokens; burning is restricted to the owner's own balance.
- The owner cannot set the combined tax, deflation, and reflection fees above 2,000 BPS (20%).
- The owner cannot pause or freeze transfers or blacklist wallets, and cannot lower the maximum-token-per-address limit once set (it can only be increased).
Security Features
The contract implements several positive security features:
- Fixed token supply with no mint function, so the supply cannot be inflated after deployment.
- Combined fees (tax + deflation + reflection) are hard-capped at 2,000 BPS (20%). Following the renouncement, the fees are permanently fixed at: tax [X]%, deflation 0%, reflection 0%.
- The maximum-token-per-address limit, the exclusion list, and the document URI are permanently fixed at their values at the time of renouncement.
- The fee-and-limit exclusion list is capped at 100 entries, and the contract is not upgradeable.
Ownership Clarification - Ownership of the contract has been renounced. As a result, the administrative functions listed above can no longer be executed, and all parameters set at the time of renouncement remain permanently in effect. Since the burn function is restricted to the owner and the deflationary burn is disabled, tokens can no longer be burned.
From a security standpoint, no administrative rights remain. The contract is not upgradeable; the token supply is fixed with no mint function; combined fees are hard-capped at 2,000 BPS (20%) and can no longer be changed; and no party can pause, freeze, or blacklist transfers, burn holders' tokens, or change the maximum-token-per-address limit. The contract contains no function that would allow anyone to seize or lock existing holder balances.
Note - This Audit report consists of a security analysis of the ATEGDV smart contract. This analysis did not include economic analysis of the contract's tokenomics. Moreover, we only audited the main contract for the ATEGDV team. Other contracts associated with the project were not audited by our team. We recommend investors do their own research before investing.
Files and details
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State variables
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Capabilities
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Findings and Audit result
low Issues | 1 findings
Pending
#1 low Issue
Lack of Asset Recovery Mechanisms (Stuck Funds Risk)
The contract does not implement standard "rescue" functions such as recoverERC20() or withdrawETH(). In the event that users accidentally transfer foreign tokens (e.g., USDT, USDC) or force ETH (via selfdestruct) directly to the contract address, these assets will be permanently locked with no technical means of retrieval. This is a common oversight that leaves the project unable to assist users who make transfer errors.
informational Issues | 1 findings
Pending
#1 informational Issue
Incomplete Fee Exclusion for Privileged Accounts
The contract architecture separates fee logic into two distinct layers: the child contract (ATEGDV.sol) handles Marketing Tax and Deflation, while the parent contract (ReflectiveV3ERC20.sol) manages Reflection Rewards. Consequently, there are two independent exclusion lists. Calling excludeFromFeesAndLimits() only exempts an address from the Marketing Tax and Deflation fee; it does not exempt them from the Reflection fee. This creates a scenario where a designated "tax-free" wallet (e.g., an exchange hot wallet, liquidity pool creator, or team treasury) unintentionally continues to pay reflection fees on every transaction, bleeding funds and disrupting financial models.