REM Info
Real Estate Metaverse is changing real estate investment with its pioneering platform, Real-Estate Metaverse (REM), utilizing blockchain, augmented reality, and AI to connect investors with global assets. This innovative approach offers enhanced user experience, transparent portfolio diversication, and secure real estate tokenization for all stakeholders.
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
activated
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.
Token transfer can be locked
Owner can lock user funds with owner functions.
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
REMVesting.sol
- Default Admin Role.
- Can pause/unpause the contract.
- Can start the contract.
- Can withdraw the tokens from the contract including the vested tokens.
Manager Role
- Can create the vesting schedule.
- Can create the vesting schedule in batches.
- Can delete the beneficiaries in the contract.
- Can update the cliff duration and vesting duration in the contract.
- Can update the vesting group in the contract.
- Can update the vesting amount in the contract.
Alleviation: The project owner has acknowledged and confirmed it as a part of business logic.
Note - This Audit report consists of a security analysis of the REM 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 REM 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
/
State variables
public
/
Total lines
of code
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Capabilities
Hover on items
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Findings and Audit result
high Issues | 1 findings
Pending
#1 high Issue
The owner can drain tokens.
The contract contains the functionality in which the owner of the contract can withdraw the tokens from the contract including the vested tokens which is not recommended as if the vested tokens is claimed from the contract then the user will not be able to claim the tokens from the contract. There must be a check so that the vested tokens should not be claimed from the contract.
medium Issues | 1 findings
Pending
#1 medium Issue
The owner is able to lock the contract.
Locking the contract means that the owner is able to lock any funds of addresses that they are not able to transfer bought tokens anymore.