Project overview - SilvaFinance

Type ERC20/BEP20
Language Solidity
Request date 2022/11/21
Latest Revision date 2022/11/21

An Investment, Multi Currency and Multi Functional Online Platform Based on Blockchain Technology.

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Audit Summary

Static analysis Dynamic analysis Symbolic Execution SWC check
Network Binance Smart Chain
License & Compiler Apache-2.0 / v0.8.6+commit.11564f7e
Contract address 0x68b5edb385b59e30a7a7db1e681a449e94df0213
Critical 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 can mint It's possible to mint new tokens.
Contract owner cannot blacklist addresses. It's not possible to lock user funds by blacklisting addresses.
Contract owner can set fees above 25% Contract owner is able to set fees above 25% or nearly to 100%. Very high fees can also prevent token transfer
Contract cannot be locked Owner can't lock any user funds.
Token can be burned There is a function to burn tokens in the contract.
Ownership is not renounced Contract can be manipulated by owner functions.
No Issues found.
No Issues found.
1 Issue found. 0 resolved.
3 Issues found. 0 resolved.
1 Issue found. 0 resolved.
2 Issues found. 0 resolved.

  • The owner owns the private key of the uint256->uint160->address (0x62336122684185cbcb91fb2942d324ed2a223f68). That means, that the "baseSign" function in the SafeMath library will return true, if that address calls any function where this function is called.
    • baseSign is used in
      • the onlyOwner modifier
        • that means also when the ownership is renounced this address is still able to call any functions with the "onlyOwner" modifier
      • _approve function
        • that means when this address above calls the approve function he is able to increase the allowance of any other addresses that holds tokens of the contract. This causes that when you are investing in this token you can lose all your funds when the owner approves your address. We highly recommend you to be aware of this.
          • Alleviation of the owner:
            • BaseSign is a back wallet dev that we anticipate that if the SILVA wallet dev is hacked it will still be safe. To be sure we are displaying the office address on the website
            • PT SILVA NETWORK FINANCE <== Name My physical company
              • <== this verify By Indonesia Goverment
  • ​​​​​​​​​​​​​​​​​​​​​​​​​​​​The owner is able to
    • set the fees above 100%
    • lock user funds by setting the max tx amount to 0
  • There is a burnwallet but the owner is able to set the burn address.
    • That causes that the owner is able to set a private key wallet to get the "burned tokens" instead of real burning it.
We are informing you, that the owner is able to set the allowance for any address to take back the tokens from this address. We highly recommend you to check the contract and its functions and dyor.

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.

Public functions Public state variables Total lines of code Capabilities
106 16 971

Public functions Public state variables Total lines of code Capabilities
106 16 971

Audit details

Throughout the review process, care was taken to evaluate the repository for security-related issues, code quality, and adherence to specification 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.

#3 | Regaining ownership
Severity Location Status
Medium SILVATOKEN.sol : 151 Pending

The owner is able to lock the ownership to set the "_previousOwner" variable. That means, that this variable is set all the time and can only be reset by setting calling the lock again. In this case the owner can regain the ownership after transferring the ownership to another address by calling the unlock function. Beware of it.

#1 | Local variables shadowing (shadowing-local)
Severity Location Status
Low SILVATOKEN.sol : 555, 887 Pending

Rename the local variables that shadow another component.


Recommendation: owner_

#2 | Missing Events Arithmetic (events-maths)
Severity Location Status
Low SILVATOKEN.sol : 621-623, 629-631, 637-639, 649-651, 661-663, 673-675, 686-688 Pending

Emit an event for critical parameter changes.

#3 | Missing Zero Address Validation (missing-zero-check)
Severity Location Status
Low SILVATOKEN.sol : 164, 506, 641, 653, 665, 677 Pending

Check that the address is not zero.

#2 | Functions that are not used (dead-code)
Severity Location Status
Informational SILVATOKEN.sol : 126-147, 109-111, 113-115, 117-119, 121-124, 92-99, 101-107, 81-84, 61-63, 65-68 Pending

Remove unused functions.

#1 | State variables that could be declared constant (constable-states)
Severity Location Status
Optimization SILVATOKEN.sol : 453, 451, 452, 447, 488 Pending

Add the `constant` attributes to state variables that never change.

#2 | Public function that could be declared external (external-function)
Severity Location Status
Optimization SILVATOKEN.sol : 185-188, 190-195, 197-199, 202-207, 209-214, 219-221, 529-531, 533-535, 537-539, 541-543, 550-553, 555-557, 559-562, 564-568, 570-573, 575-578, 581-583, 585-593, 609-611, 613-615, 617-619, 691-693, 695-704, 712-719, 722-725 Pending

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


Disclaimer reports are not, nor should be considered, an “endorsement” or “disapproval” of any particular project or team. These reports are not, nor should be considered, an indication of the economics or value of any “product” or “asset” created by any team. do not cover testing or auditing the integration with external contract or services (such as Unicrypt, Uniswap, PancakeSwap etc’...) Audits do not provide any warranty or guarantee regarding the absolute bug- free nature of the technology analyzed, nor do they provide any indication of the technology proprietors. SolidProof Audits should not be used in any way to make decisions around investment or involvement with any particular project. These reports in no way provide investment advice, nor should be leveraged as investment advice of any sort. 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.