VEROPAD Info
Veropad Launchpad rewards VPAD stakers with allocations in premier projects that showcase solid fundamentals and a defined roadmap to profitability. Those who stake on Veropad share in the success through revenue royalties.
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,
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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.
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 owner can add liquidity to the owner's wallet.
- The owner can remove limits from the contract.
- The owner can update the tax to not more than 5%.
- The owner can enable trading only once.
- Any arbitrary address can claim ETH to the fee wallet address.
This contract contains the functionality in which for the first 30 and 45 transactions of buy and sell the buy and sell fees will be set to 20 and 25% respectively.
Note - This Audit report consists of a security analysis of the VEROPAD 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 VEROPAD 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
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State variables
public
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Total lines
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Capabilities
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Findings and Audit result
medium Issues | 2 findings
Pending
#1 medium Issue
Liquidity is adding to externally owned address.
The contract's liquidity is automatically added to the 'owner' address, which is not recommended because, in an extreme scenario, this can be used to drain liquidity from the contract.
Pending
#2 medium Issue
Transfer of tokens without enabling trade.
The trading needs to be enabled by the owner in order for regular users to transfer tokens. On the contrary, the owner can authorize addresses manually and those addresses will be able to trade tokens. This functionality can be exploited in the following way, For example, there is a presale and the wallets used for the presale can be authorized by the owner. All the tokens obtained can be consolidated into a final wallet address and facilitate trading and selling of the acquired tokens, the last wallet address can be authorized.
low Issues | 3 findings
Pending
#1 low Issue
Local variables shadowing (shadowing-local)
Rename the local variables that shadow another component.
Pending
#2 low Issue
Missing Events Arithmetic (events-maths)
Emit an event for critical parameter changes.
Pending
#3 low Issue
Remove safemath library
compiler version above 0.8.0 has the ability to control arithmetic overflow/underflow, It is recommended to remove the unwanted code in order to avoid high gas fees.
optimization Issues | 2 findings
Pending
#1 optimization Issue
State variables that could be declared constant (constable-states)
Add the `constant` attributes to state variables that never change.
Pending
#2 optimization Issue
Public function that could be declared external (external-function)
Use the `external` attribute for functions never called from the contract.