BonkCash Info

BonkCash (‘$BONKC’) is a digital token deployed on the Solana. $BONKC holds no intrinsic value, utility, or functions and does not promise any financial returns, profits, interest, or dividends. It's essential to note that there is no designated roadmap, and there's no assurance or expectation of developing any ecosystem for $BONKC. Consider $BONKC as entirely purposeless, reserved for entertainment and experimental use only. The experimental aspect involves an inventive mechanism crafted to maintain an upward price trajectory through a distinctive airdrop process.

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TrustNet Score

The TrustNet Score evaluates crypto projects based on audit results, security, KYC verification, and social media presence. This score offers a quick, transparent view of a project's credibility, helping users make informed decisions in the Web3 space.

67.00
PoorExcellent

Real-Time Threat Detection

Real-time threat detection, powered by Cyvers.io, is currently not activated for this project.

This advanced feature provides continuous monitoring and instant alerts to safeguard your assets from potential security threats. Real-time detection enhances your project's security by proactively identifying and mitigating risks. For more information, click here.

TrustNet DataPulse

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We are presently engaged in detailed discussions with our partners to finalize the arrangements. Information regarding presales will be made available on this platform in the near future. We appreciate your patience and look forward to sharing the upcoming opportunities with you soon!

We are currently in discussions with our partners to finalize the details. Information on token locking and vesting schedules will be provided on this platform soon. We appreciate your patience and look forward to sharing these upcoming opportunities with you shortly.

In the meantime, we’ve already integrated the LP lock overview from UNCX.network. Please visit the CEX/DEX tab for more information.

Security Assessments

"Automatic Analysis"
Contract address
2Sv4ye...ZNZx
Network
Solana - Mainnet
License N/A
Compiler N/A
Type N/A
Language Rust / Solana
Onboard date 2024/10/21
Revision date In progress

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 cannot be locked

Owner cannot lock any user funds.

Ownership is renounced

Contract cannot be manipulated by owner functions.

Scope of Work

Our focus is on evaluating key security elements of the Solana Program associated with your SPL token. Specifically, we examine whether critical authorities have been appropriately revoked and assess the token’s metadata for mutability.

Authority Review:

  • We ensure that the Minting and Freeze Authority has been revoked. If these authorities remain active, there is a high security risk, as they allow further minting or freezing of tokens.
  • We also check whether the Update Authority has been revoked. If not, this represents a low security risk, but it could still allow modifications to the token metadata.

Metadata Mutability:

  • We verify if the token metadata is still set to isMutable = true. If so, this could permit future changes to the metadata, which poses a potential security concern.

This audit is conducted based on real-time program data on the Solana blockchain, without the need for files or external submissions. The findings focus solely on the claims related to authority revocation and metadata mutability, ensuring the token complies with industry best practices for security and immutability.

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.


What is an SPL Token?

An SPL Token is the token standard used by the Solana blockchain, similar to the ERC-20 standard on Ethereum. SPL tokens can represent various assets, including cryptocurrencies, stablecoins, and utility tokens. They are managed by smart contracts on the Solana network and can be minted, transferred, and burned according to the rules of the contract. Solana's high throughput and low transaction fees make SPL tokens highly scalable and efficient for a wide range of decentralized applications (dApps) and projects.

Ownership Privileges

There are no Ownership Privileges. This ensures that the Minting Authority and Freeze Authority have been revoked. The Update Authority has not been revoked, but the token metadata is set to isMutable = false, preventing further modifications to the metadata.

Note - This audit report consists of a security analysis of the SPL token. This analysis did not include functional testing (or unit testing) of the token’s logic. Furthermore, we only audited one token contract associated with this project. Other contracts related to this project were not audited by our team. We recommend investors conduct their own research before engaging with the token.

Files and details