Smart Contract Audit Report
AREON is building a new BEP-20 token.
For this audit, we reviewed the project team's BEP20Token contract at commit c2137016ea31b72d10b9d0ed9f75dc80df5629ad on the team's Github repository.
Please ensure trust in the team prior to investing as they will be minted 100% of the total supply upon deployment.
Date: May 25th, 2022.
- The total supply of the token is set to 500 million $AREA [500,000,000] and will be minted to the owner upon deployment.
- The owner can mint any number of tokens to their own wallet at any time.
- No burn functions are accessible, though the circulating supply can be decreased by sending tokens to the 0x..dead address.
- There was no token allocation for our team to analyze as the contract has yet to be deployed to the mainnet.
- There are no fees associated with transferring tokens.
- No other ownership-restricted functionality is present.
- The contract utilizes the SafeMath library to protect against overflows/underflows.
- The contract complies with the BEP-20 token standard.
|Arbitrary Jump/Storage Write||N/A||PASS|
|Centralization of Control||WARNING|
|Delegate Call to Untrusted Contract||N/A||PASS|
|Dependence on Predictable Variables||N/A||PASS|
|Improper Authorization Scheme||N/A||PASS|
|Outdated Compiler Version||N/A||PASS|
|Overall Contract Safety||PASS|
($) = payable function # = non-constant function Int = Internal Ext = External Pub = Public + [Int] IBEP20 - [Ext] totalSupply - [Ext] decimals - [Ext] symbol - [Ext] name - [Ext] getOwner - [Ext] balanceOf - [Ext] transfer # - [Ext] allowance - [Ext] approve # - [Ext] transferFrom # + Context - [Int]
# - [Int] _msgSender - [Int] _msgData + [Lib] SafeMath - [Int] add - [Int] sub - [Int] sub - [Int] mul - [Int] div - [Int] div - [Int] mod - [Int] mod + Ownable (Context) - [Int] # - [Pub] owner - [Pub] renounceOwnership # - modifiers: onlyOwner - [Pub] transferOwnership # - modifiers: onlyOwner - [Int] _transferOwnership # + BEP20Token (Context, IBEP20, Ownable) - [Pub] # - [Ext] getOwner - [Ext] decimals - [Ext] symbol - [Ext] name - [Ext] totalSupply - [Ext] balanceOf - [Ext] transfer # - [Ext] allowance - [Ext] approve # - [Ext] transferFrom # - [Pub] increaseAllowance # - [Pub] decreaseAllowance # - [Pub] mint # - modifiers: onlyOwner - [Int] _transfer # - [Int] _mint # - [Int] _burn # - [Int] _approve # - [Int] _burnFrom #
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What is a Solidity Audit?
Typically, a smart contract audit is a comprehensive review process designed to discover logical errors, security vulnerabilities, and optimization opportunities within code. A Solidity Audit takes this a step further by verifying economic logic to ensure the stability of smart contracts and highlighting privileged functionality to create a report that is easy to understand for developers and community members alike.
How Do I Interpret the Findings?
Each of our Findings will be labeled with a Severity level. We always recommend the team resolve High, Medium, and Low severity findings prior to deploying the code to the mainnet. Here is a breakdown on what each Severity level means for the project:
- High severity indicates that the issue puts a large number of users' funds at risk and has a high probability of exploitation, or the smart contract contains serious logical issues which can prevent the code from operating as intended.
- Medium severity issues are those which place at least some users' funds at risk and has a medium to high probability of exploitation.
- Low severity issues have a relatively minor risk association; these issues have a low probability of occurring or may have a minimal impact.
- Informational issues pose no immediate risk, but inform the project team of opportunities for gas optimizations and following smart contract security best practices.