Safe Layer Token Info
SafeLayer Token is a layer farming protocol token with deflationary tokenomics. It allows farmers to deposit assets in SafeFarm (LP tokens) and SafePool (single asset tokens) pools to earn SafeLayer tokens.
Team and KYC Verification
The KYC verification for this project is currently in progress.
The team has submitted their information and verification is pending.
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.
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.
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.
The owner can Pause the contract.
Owner can lock user funds as both deposits and withdrawal are dependent on the owner
Ownership can never be renounced from this contract as there are no modifiers used for a few functions. Instead the contract checks for the addresses controlled by the deployer directly. L1593, L1603.
Gov address will still be able to change some parameters of the contract even after the ownership is renounced. For example, pause/unpause contract.
Deposits and Withdrawls will never be possible after the ownership is renounced
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
low Issues | 4 findings
Pending
#1 low Issue
Missing Events Arithmetic (events-maths)
Emit an event for critical parameter changes. This whole contract doesn't emit any events
Pending
#2 low Issue
Missing Zero Address Validation (missing-zero-check)
Check that the address is not zero.
Pending
#3 low Issue
Contract doesn’t import npm packages from source (like OpenZeppelin etc.)
We recommend importing all packages from npm directly without flattening the contract. Functions could be modified or can be susceptible to vulnerabilities
Pending
#4 low Issue
Old compiler version
We don't recommend using old compiler version for deployment as they contain know bugs and are not safe to use
informational Issues | 1 findings
Pending
#1 informational Issue
Functions that are not used (dead-code)
Remove unused functions.