Sakai Vault
0x366832aeb9dd9f43f12b009dd84574229d9089ba 0x3668...9089ba

Static analysis Dynamic analysis Symbolic Execution SWC check

Sakai Vault is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading. Sakai Vault is a next crypto revolution and it is Accelerates DeFi Adoption With Trusted Blockchain Protocol and Unique Token Economics Sakai Vault Provides its customers and investors with insights on trends and developments in the crypto space. We provide an in-depth look at selected topics ranging from cryptocurrency fundamentals to market analyses and help to grow your investment with us.

Contract address
0x3668...9089ba
Network Binance Smart Chain
License MIT
Compiler v0.8.19 v0.8.19+commit.7dd6d404
Type N/A
Language Solidity
Request date 2023/08/19
Revision date 2023/12/19
Critical
Passed
High
Passed

Owner privileges

Crucial issues found The contract does contain issues of high or medium criticality. In some circumstances, the Contract may not function as intended and may pose a safety risk.
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 burn function within the contract.
Ownership is not renounced Contract can be manipulated by owner functions.
Comments

Owner privileges

  • reset eligible
    • only if the current timestamp is higher than the "endingAt" variable
  • stop eligible
    • only if the current timestamp is higher than the "endingAt" variable
    • by setting the "startingAt" variable to 0, nobody can execute the "buy" function anymore
  • update the price per ticket
    • this can be set to any arbitrary value
  • Enable/disable auto pick winner
  • update eligible day
    • any arbitrary value is possible
  • update committed token address
  • update staking address
  • update charity address
  • update router address
  • update busd address
  • update nft address
  • update percent winner
  • update percent tax claim
    • staking + charity <= 25%
  • execute the pick winners function manually

The owner can lock user funds by setting an arbitrary address for the nft. That causes the nft contract functions are not callable anymore.

Note - This Audit report consists of a security analysis of the Sakai Vault 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 Sakai Vault team. Other contracts associated with the project were not audited by our team. We recommend investors do their own research before investing.

Audit Scope

This audit covered the following files listed below with a SHA-1 Hash. The above token Team provided us with the files that needs to be tested.

We will verify the following claims:
  • Correct implementation of Token standard
  • Deployer cannot mint any new tokens
  • Deployer cannot burn or lock user funds
  • Deployer cannot pause the contract
  • Overall checkup (Smart Contract Security)
The auditing process follows a routine series of steps:
  • Review of the specifications, sources, and instructions provided to SolidProof to make sure we understand the size, scope, and functionality of the smart contract.
  • Manual review of code, which is the process of reading source code line-by-line in an attempt to identify potential vulnerabilities.
  • Comparison to specification, which is the process of checking whether the code does what the specifications, sources, and instructions provided to SolidProof describe.
  • Test coverage analysis, which is the process of determining whether the test cases are actually covering the code and how much code is exercised when we run those test cases.
  • Symbolic execution, which is analysing a program to determine what inputs causes each part of a program to execute.
  • Best practices review, which is a review of the smart contracts to improve efficiency, effectiveness, clarify, maintainability, security, and control based on the established industry and academic practices, recommendations, and research.
  • Specific, itemized, actionable recommendations to help you take steps to secure your smart contracts.

A file with a different Hash has been modified, intentionally or otherwise, 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.

Functions
public

109

State variables
public

29

Total lines
of code

997

Capabilities
Hover on items

Audit Details

Throughout the review process, care was taken to evaluate the repository for security-related issues, code quality, and adherence to speciïŹcation and best practices. To do so, reviewed line-by-line by our team of expert pentesters and smart contract developers, documenting any issues as there were discovered.

Risk represents the probability that a certain source-threat will exploit vulnerability, and the impact of that event on the organization or system. Risk Level is computed based on CVSS version 3.0.

medium Issues

Pending

#1 Issue

Weak PRNG (weak-prng)

SakaiVaultProtocol.sol

L928-933

Description

Instead of implementing a random function in the contract which is predictable, use an external service like chainlink for randomness.

Pending

#2 Issue

EligibleAmounts will be overridden

SakaiVaultProtocol.sol

L881-885

Description

Instead of setting the amounts to the eligibleAmounts, add it to it because it is possible that the eligibleAmounts at index "x" didn't claim the winner amounts. If the same user will be randomly chosen again, the eligibleAmounts will be overridden instead of added.

low Issues

Pending

#1 Issue

Local variables shadowing (shadowing-local)

SakaiVaultProtocol.sol

L977

Description

Rename the local variables that shadow another component.

Pending

#2 Issue

Missing Zero Address Validation (missing-zero-check)

SakaiVaultProtocol.sol

L711

L714

L713

L712

L789

L794

L799

L804

L809

L814

Description

Check that the address is not zero.

Pending

#3 Issue

Everybody can call the buyback for any arbitrary addresses

SakaiVaultProtocol.sol

L935

Description

There may be someone who doesn't want to call the "buyback" function. It is recommended to prevent the buyback call for tokenId's, which is not owned by the caller himself.

informational Issues

Pending

#1 Issue

Functions that are not used (dead-code)

SakaiVaultProtocol.sol

L49-51

L253-263

Description

Remove unused functions.

Pending

#2 Issue

Balance check is unnecessary

SakaiVaultProtocol.sol

L285

Description

It is not needed to check the balance is above/equal the amount during the burning because it is already checked in the "_burn" function.

Pending

#3 Issue

Setting charityAddress twice

SakaiVaultProtocol.sol

L718

Description

In the constructor, the "charityAddress" is set to the msg.sender first and afterwards to the "_charityAddress"

optimization Issues

Pending

#1 Issue

Public function that could be declared external (external-function)

SakaiVaultProtocol.sol

L95-97

L103-106

L134-136

L138-140

L142-144

L146-148

L150-154

L156-162

L164-169

L171-177

L179-198

L200-210

L212-226

L282-287

L763-766

L768-772

L774-777

L779-782

L784-787

L789-792

L794-797

L799-802

L804-807

L809-812

L814-817

L819-827

L829-834

L837-863

L904-906

L935-958

L960-962

L964-971

L973-975

L977-996

Description

Use the `external` attribute for functions never called from the contract.

Disclaimer

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SolidProof.io Reports represent an extensive auditing process intending to help our customers increase the quality of their code while reducing the high level of risk presented by cryptographic tokens and blockchain technology. Blockchain technology and cryptographic assets present a high level of ongoing risk. SolidProof’s position is that each company and individual are responsible for their own due diligence and continuous security. SolidProof in no way claims any guarantee of security or functionality of the technology we agree to analyze.