Trust Bitcoin Info
Trust Bitcoin has an edge in DeFi services because of its best-in-class offerings. With the likes of services like mining, smart contracts, digital wallets, governance and creating dApps. Also, miners will have exceptional benefits for adding a block to the Trust Bitcoin blockchain.
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.
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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.
Contract cannot be locked
Owner cannot lock any user funds.
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.
Contract is not upgradeable
The contract does not use proxy patterns or other mechanisms to allow future upgrades. Its behavior is locked in its current state.
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
- The DEFAULT_ADMIN_ROLE can add the liquidity pair.
- The DEFAULT_ADMIN_ROLE can update the validator address.
- The DEFAULT_ADMIN_ROLE can exclude wallets from fees.
- The MINTER_ROLE can mint new tokens no more than the MAX_SUPPLY, which is set to 21_000_000 tokens.
- The BURNER_ROLE can burn tokens from others wallets with allowance.
Note: Team Trust Bitcoin provided the contract file for this project. Afterward, they launched their own blockchain, TrustBitcoin. Any changes made after the audit are considered outside the scope of the audit, and the audit team holds no responsibility for those changes.
Files and details
Functions
public
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State variables
public
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Total lines
of code
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Capabilities
Hover on items
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Findings and Audit result
informational Issues | 3 findings
Pending
#1 informational Issue
Floating pragma solidity version
Adding the constant version of solidity is recommended, as this prevents the unintentional deployment of a contract with an outdated compiler that contains unresolved bugs.
Pending
#2 informational Issue
Incompatibility with Standard DEX Routers and Liquidity Provision Reverts
The contract implements a "Fee-on-Transfer" mechanism within the _transfer function, which automatically deducts a 1% tax (50 bps burn + 50 bps validator fee) whenever a transaction involves an address registered in the isLiquidityPair mapping. Standard Decentralized Exchange (DEX) Routers, such as UniswapV2 or PancakeSwap, are not designed to handle tokens that lose value during a transfer. During an addLiquidity call, the Router transfers a specific amount of tokens to the pool and then verifies if the pool's balance increased by that exact amount. Because this contract takes a fee during that transfer, the pool receives less than expected, causing the Router to trigger an immediate transaction revert (e.g., UniswapV2: K or INSUFFICIENT_OUTPUT).
Pending
#3 informational Issue
Unintentional Taxation on Liquidity Removal (Exit Fees)
The _shouldTakeFee function (Line 144) evaluates isLiquidityPair[from] as a condition to apply the 1% tax. When a liquidity provider (LP) decides to withdraw their capital from a DEX pool, the pool (from) sends the tokens to the user (to). Because the pool is marked as a liquidity pair, the contract mistakenly classifies this withdrawal as a taxable event. As a result, users are taxed 1% on their own principal when simply removing liquidity, which is a significant deviation from industry standards and common DEX behavior.