Kiyosito Info
Kiyosito (ITO) is a decentralized blockchain-based investment ecosystem designed to provide global, unrestricted access to diversified capital markets and breakthrough innovation opportunities. Through a transparent, token-driven governance structure, Kiyosito enables individuals and institutions to actively shape treasury deployment, participate in strategic initiatives, and access a curated portfolio of disruptive investments.
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
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for this project.
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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.
Ownership Privileges
- The PAUSER_ROLE can pause and unpause the token functionality.
- The DEFAULT_ADMIN_ROLE can recover ERC20 tokens.
- The DEFAULT_ADMIN_ROLE can revoke the role with a check.
- The DEFAULT_ADMIN_ROLE can burn tokens from the contract.
The ownership of the contract is renounced. Hence, the above-mentioned role cannot change any contract's settings.
Note - This Audit report consists of a security analysis of the Kiyosito 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 Kiyosito 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
Resolved
#1 medium Issue
Owner Can Arbitrarily and Permanently Lock All Token Transfers
The restrictTransfers function grants the contract owner the unilateral and unrestricted power to pause the main token contract at any time. This action immediately freezes all token transfers, preventing any holder from moving or trading their assets. Because this function is controlled by a single owner and can be called even after the ICO is successfully completed, it introduces a severe centralization risk. A malicious or compromised owner could wait for the token to gain liquidity on decentralized exchanges and then abruptly pause it, effectively trapping all investors' funds. Furthermore, since the ability to unpause is also centralized, the tokens could be permanently frozen if the owner loses their keys or abandons the project.