HowToPay Info

ico.howtopay.com

HowToPay is a key player in the digital payments revolution that is currently happening within the APAC region and globally. The HowToPay POS and Billing systems allow businesses to accept digital payments and customers to pay for goods and services without needing a physical card or cash. Traditional payment methods like credit cards in Asia are becoming relics of the past as businesses move closer to QR codes and other digital transactions.

Overall Score
78.56
Poor Excellent
HowToPay Logo

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.

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

Smart Contract Audit

"Static Analysis Dynamic Analysis Symbolic Execution SWC Check Manual Review"
Contract address
0xc9DE...22e8
Network
BNB Smart Chain - Mainnet
License N/A
Compiler N/A
Type N/A
Language Solidity
Onboard date 2024/10/31
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 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 burn function within the contract.

Ownership is not renounced

Contract can be manipulated by owner functions.

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:

  1. Specification Review: Analyze the provided specifications, source code, and instructions to fully understand the smart contract's size, scope, and functionality.
  2. Manual Code Examination: Conduct a thorough line-by-line review of the source code to identify potential vulnerabilities and areas for improvement.
  3. Specification Alignment: Ensure that the code accurately implements the provided specifications and intended functionalities.
  4. Test Coverage Assessment: Evaluate the extent and effectiveness of test cases in covering the codebase, identifying any gaps in testing.
  5. Symbolic Execution: Analyze the smart contract to determine how various inputs affect execution paths, identifying potential edge cases and vulnerabilities.
  6. Best Practices Evaluation: Assess the smart contracts against established industry and academic best practices to enhance efficiency, maintainability, and security.
  7. 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 enable trading only once.
  • The owner can set taxes but not more than the maximum tax.

Note - This Audit report consists of a security analysis of the HowToPay 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 HowToPay 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 | 2 findings

Pending

#1 medium Issue
Transfer of tokens without enabling trade.
HTP
L434-463
Description

The trading needs to be enabled by the owner in order for regular users to transfer tokens. On the contrary, the owner can authorize addresses manually and those addresses will be able to trade tokens. This functionality can be exploited in the following way, For example, there is a presale and the wallets used for the presale can be authorized by the owner. All the tokens obtained can be consolidated into a final wallet address and facilitate trading and selling of the acquired tokens, the last wallet address can be authorized.

Pending

#2 medium Issue
Liquidity is added to externally owned address.
HTP.sol
L452-459
Description

The contract's liquidity is automatically added to the 'Owner's' address, which is not recommended because, in an extreme scenario, this can be used to drain liquidity from the contract.

low Issues | 2 findings

Pending

#1 low Issue
Floating pragma solidity version.
HTP.sol
L7
Description

Adding the constant version of solidity is recommended, as this prevents the unintentional deployment of a contract with an outdated compiler that contains unresolved bugs.

Pending

#2 low Issue
Local variables shadowing (shadowing-local)
HTP.sol
L268-272
L274-279
L281-288
L398-416
Description

Rename the local variables that shadow another component.

informational Issues | 1 findings

Pending

#1 informational Issue
Functions that are not used (dead-code).
HTP.sol
L14-21
L360-363
Description

Remove unused functions.