OctoLSD Info

octolsd.finance

OctoLSD is the first LSD LAADP (LSD Liquidity aggregation and distribution protocol), which is governed by OctoDAO and aims to unlock the great potential of LSD. By aggregating LSD assets and distributing them to various application scenarios, the LSD LAAD protocol provides a more efficient and accessible way to manage and deploy LSD assets.

OctoLSD Logo

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On-Chain Insights

Smart Contract Audit

Select the audit
Static Analysis Dynamic Analysis Symbolic Execution SWC Check Manual Review
Contract address
0x7f88...f7D0
Network Ethereum - Mainnet
License N/A
Compiler N/A N/A
Type N/A
Language Solidity
Onboard date 2023/05/08
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.

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
  • Set treasury address
  • Add a new pool and set the reward token address, Reward per second to any arbitrary value. Moreover, the owner can also set the address of the staking token while adding the pool.
  • The stuck tokens can be withdrawn by anyone but they will be credited to the treasury address.

Note - This Audit report consists of a security analysis of the OctoLSD smart contracts. This analysis did not include functional testing (or unit testing) of the contract’s logic. We recommend everyone to do their own research. Moreover, the IWETH interface's code that is used in the contract was not provided in the audit scope so we cannot comment on its security in any way.

Scope of Work

Files and details

This audit covered the following files listed below with a SHA-1 Hash. The Team mentioned above provided us with the files that need to be evaluated.

The auditing process follows a routine series of steps:
  1. Review the specifications, sources, and instructions provided to SolidProof to ensure we understand the smart contract's size, scope, and functionality.
  2. Manual review of code, which is the process of reading source code line-by-line in an attempt to identify potential vulnerabilities.
  3. Specification comparison checks whether the code does what the specifications, sources, and instructions provided to SolidProof describe.
  4. Test coverage analysis determines whether the test cases are actually covering the code and how much code is exercised when we run those test cases.
  5. Symbolic execution is analyzing a program to determine what inputs cause each part of a program to execute.
  6. Based on the established industry and academic practices, recommendations, and research, best practices review smart contracts to improve efficiency, effectiveness, clarity, maintainability, security, and control.
  7. Specific, itemized, actionable recommendations to help you take steps to secure your smart contracts.

A file with a different Hash has been intentionally or otherwise modified after the security review. A different Hash could be (but not necessarily) an indication of a changed condition or potential vulnerability that was not within the scope of this review.

Findings and Audit result

low Issues | 2 findings

Pending

#1 low Issue
Missing Zero Address Validation (missing-zero-check)
StakingPool.sol
L893
Description

Check that the address is not zero.

Pending

#2 low Issue
Missing Timelock
StakingPool.sol
L1051
Description

There is no Timelock functionality in the contract which means the users will be able to withdraw their tokens right after the deposit

optimization Issues | 1 findings

Pending

#1 optimization Issue
Public function that could be declared external (external-function)
StakingPool.sol
L77-79
L85-88
L899-902
L904-907
L914-916
Description

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)
StakingPool.sol
L596-598
L625-631
L685-687
L695-704
L658-660
L668-677
L571-576
L19-21
L771-784
L795-806
L786-793
L808-822
L286-295
L246-248
L312-321
L263-272
L117-123
L159-164
L171-176
L142-152
L130-135
Description

Remove unused functions.