DeflationCoin Info
DeflationCoin is the first currency with algorithmic reverse inflation. Mission: To provide the highest level of security for investors through innovative mechanisms that prevent sharp price drops and to create a "Digital State" based on DeflationCoin—a diversified ecosystem that is in demand among millions of users beyond the blockchain industry.
Team and KYC Verification
The team has securely submitted their personal information to SolidProof.io for verification.
In the event of any fraudulent activities, this information will be promptly reported to the relevant authorities to ensure accountability and compliance.
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.
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.
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.
Ownership Privileges
- The admin operator can transfer and stake amounts and accounts.
- The technical role can refresh the balance.
- The technical role can smooth unlock.
- The technical role can initiate the dividend recount.
- The technical role can recount dividends.
- The technical role can finish the dividend recount.
- The admin operator can switch roles.
- The admin operator can set the pool address.
- The admin operator can exempt the address from the burn.
- The admin operator can set a referral wallet.
The contract is an upgradeable
Description: The deployer can replace the old contract with a new one with new features. Be aware of this because the owner can add new features that may have a negative impact on your investments.
Note - This Audit report consists of a security analysis of the DeflationCoin smart contract. This analysis did not include functional testing (or unit testing) of the contract’s logic. Moreover, we only audited one token contract for the DeflationCoin 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
Functions
public
/
State variables
public
/
Total lines
of code
/
Capabilities
Hover on items
/
Functions
public
/
State variables
public
/
Total lines
of code
/
Capabilities
Hover on items
/
Findings and Audit result
medium Issues | 1 findings
Resolved
#1 medium Issue
Missing 'require' check. (Potential honeypot).
The owner can set any arbitrary amount to the dividend Pool wallet, marketing Pool, and technical Pool address, excluding a zero address, as this can lead to a potential honeypot if the owner has set the address to a contract address that cannot receive ETH. It is recommended that the address cannot be set to a contract address that cannot receive ETH to avoid these circumstances.
low Issues | 2 findings
Resolved
#1 low Issue
Missing Zero Address Validation (missing-zero-check).
Check that the address is not zero.
Resolved
#2 low Issue
Missing Events Arithmetic (events-maths).
Emit an event for critical parameter changes.
informational Issues | 2 findings
Pending
#1 informational Issue
Remove unused functions.
Functions that are not used (dead code).
Pending
#2 informational Issue
Floating pragma solidity version.
The contracts should be deployed with the same compiler version and ag that they have been tested thoroughly. Locking the pragma helps to ensure that contracts do not accidentally get deployed using other versions.