VEROPAD
0x33cD63136D2F04826a9170b2ed6E09B6c9fb38a5 0x33cD...fb38a5

Static analysis Dynamic analysis Symbolic Execution SWC check

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.

Contract address
0x33cD...fb38a5
Network Ethereum Mainnet
License MIT
Compiler v0.8.19 v0.8.19+commit.7dd6d404
Type N/A
Language Solidity
Request date 2024/04/17
Revision date 2024/04/17
Critical
Passed
High
Passed
Informational
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.
Contract cannot be locked Owner cannot lock any user funds.
Token cannot be burned There is no burn function within the contract.
Ownership is not renounced Contract can be manipulated by owner functions.
Comments

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.

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

28

State variables
public

4

Total lines
of code

364

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

Liquidity is adding to externally owned address.

VEROPAD.sol

L316-334

Description

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 Issue

Transfer of tokens without enabling trade.

VEROPAD.sol

L234-292

Description

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

Pending

#1 Issue

Local variables shadowing (shadowing-local)

VEROPAD.sol

L212

L227

Description

Rename the local variables that shadow another component.

Pending

#2 Issue

Missing Events Arithmetic (events-maths)

VEROPAD.sol

L341-346

Description

Emit an event for critical parameter changes.

Pending

#3 Issue

Remove safemath library

VEROPAD.sol

L49-85

Description

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

Pending

#1 Issue

State variables that could be declared constant (constable-states)

VEROPAD.sol

L145

L146

L161

L158

L159

L151

L149

L150

L160

Description

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

Pending

#2 Issue

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

VEROPAD.sol

L106-109

L187-189

L191-193

L195-197

L199-201

L207-210

L212-214

L216-219

L221-225

Description

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

Diagrams

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.