Gasmeta Info
$PIPE coin is the native cryptocurrency of the PIPE Network, a blockchain platform. It is used for various purposes within the network, including staking, transaction fees, and governance.
TrustNet Score
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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 can blacklist addresses
It is 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 not renounced
The owner retains significant control, which could potentially be used to modify key contract parameters.
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 owner can mint new tokens up to a maximum total supply of 125 million tokens.
- The owner can blacklist/un-blacklist any arbitrary wallet from transferring tokens.
- The admin or operator wallet can update any arbitrary address as the admin and operator wallet address.
- The admin or operator wallet can transfer stuck tokens from the contract to the user wallet including contract's own tokens.
Note - This Audit report consists of a security analysis of the Gasmeta 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 Gasmeta 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
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State variables
public
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Total lines
of code
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Capabilities
Hover on items
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Findings and Audit result
medium Issues | 1 findings
Pending
#1 medium Issue
The owner can blacklist wallets.
The owner can blacklist wallets from transferring tokens for an unlimited period of time which is not recommended as this can lock the user's funds indefinitely. There must be a locking period in the contract so that the user should not be locked for an unlimited period of time.
low Issues | 4 findings
Pending
#1 low Issue
Local variables shadowing (shadowing-local)
Rename the local variables that shadow another component.
Pending
#2 low Issue
Missing Events Access Control (events-access)
Emit an event for critical parameter changes.
Pending
#3 low Issue
Missing Zero Address Validation (missing-zero-check)
Check that the address is not zero.
Pending
#4 low Issue
Remove safemath library.
The compiler version above 0.8.0 has the ability to control arithmetic overflow/underflow. It is recommended to remove the unwanted code in order to avoid high gas fees.
optimization Issues | 1 findings
Pending
#1 optimization Issue
Public function that could be declared external (external-function)
Use the `external` attribute for functions never called from the contract.
informational Issues | 1 findings
Pending
#1 informational Issue
Functions that are not used (dead-code)
Remove unused functions.