LendeFi Info

The Lendefi DAO consists of several well-structured smart contracts implementing a comprehensive decentralized autonomous organization with governance, treasury management, investment rounds, and token economics. The codebase demonstrates strong security patterns and follows modern Solidity development practices.

LendeFi 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.

KYC BadgePinksale Compliant KYCGempad Compliant KYC

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.

92.18
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.

Security Assessments

Select the audit
"Static AnalysisDynamic AnalysisSymbolic ExecutionSWC CheckManual Review"
Contract address
N/A
Network N/A
License N/A
Compiler N/A
Type N/A
Language Solidity
Onboard date 2025/03/12
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 burning within the contract without any allowances

Ownership is not renounced

Contract can be manipulated by owner functions.

Contract is upgradeable

The contract uses a proxy pattern or similar mechanism, enabling future upgrades. This can introduce risks if the upgrade mechanism is not securely managed.

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 manager can release the vested tokens and ETH from the contract to the recipient's address.

Note - This Audit report consists of a security analysis of the LendeFi smart contract. This analysis did not include functional testing (or unit testing) of the contract’s logic. Moreover, we only audited the mentioned contract for the LendeFi 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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Functions
public

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State variables
public

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Total lines
of code

/

Capabilities
Hover on items

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Findings and Audit result

low Issues | 2 findings

Resolved

#1 low Issue
Missing zero or dead address check.
Treasury.sol
L65-85
Description

it is recommended to check that the address cannot be set to zero or dead address.

Resolved

#2 low Issue
Missing zero or dead address check.
TreasuryV2.sol
L65-85
Description

it is recommended to check that the address cannot be set to zero or dead address.