Smart Contract Audit Report

Audit Summary

SharkCoin is a new BEP-20 token on the Binance Smart Chain.

For this audit, we reviewed the project team's Coin contract at 0x756c1a6135786a86dbdcee4897256992180675b2 on the Binance Smart Chain Mainnet.

Audit Findings

No findings were identified.
Date: April 19th, 2023.
Updated: April 20th, 2023 to reflect updates made to the contract from commit 093f705928efbbbd5f1c2ebd0bae24f341b67be5 to commit 65bab907f31498f9031349d76b34638934548fd6.
Updated: April 21st, 2023 to reflect the token's Mainnet address.

Contract Overview

  • The initial supply of the token is set to 1 billion [1,000,000,000] $SHRK.
  • No mint functions are accessible beyond deployment.
  • Any user can burn their own tokens to reduce the total supply at any time.
  • Any user can burn tokens on another user's behalf if an allowance has been granted.
  • At the time of writing this report, 97.65% of the total supply belongs to the deployer.
  • The remaining 2.35% of the total supply belongs to an unverified contract.

  • The Default Admin can pause/unpause the contract at any time which disables all transfers and burning from being able to occur.
  • As the contract is deployed with Solidity v0.8.17, it is protected from overflows/underflows.
  • The contract complies with the BEP-20 token standard.

Audit Results

Vulnerability Category Notes Result
Arbitrary Jump/Storage Write N/A PASS
Centralization of Control The team can pause all transfers at any time. PASS
Compiler Issues N/A PASS
Delegate Call to Untrusted Contract N/A PASS
Dependence on Predictable Variables N/A PASS
Ether/Token Theft N/A PASS
Flash Loans N/A PASS
Front Running N/A PASS
Improper Events N/A PASS
Improper Authorization Scheme N/A PASS
Integer Over/Underflow N/A PASS
Logical Issues N/A PASS
Oracle Issues N/A PASS
Outdated Compiler Version N/A PASS
Race Conditions N/A PASS
Reentrancy N/A PASS
Signature Issues N/A PASS
Sybil Attack N/A PASS
Unbounded Loops N/A PASS
Unused Code N/A PASS
Overall Contract Safety   PASS

Inheritance Chart

Smart Contract Audit - Inheritance

Function Graph

Smart Contract Audit - Graph

Functions Overview

 ($) = payable function
 # = non-constant function
 Int = Internal
 Ext = External
 Pub = Public

 + [Int] IAccessControl 
    - [Ext] hasRole
    - [Ext] getRoleAdmin
    - [Ext] grantRole #
    - [Ext] revokeRole #
    - [Ext] renounceRole #

 + [Int] IAccessControlEnumerable (IAccessControl)
    - [Ext] getRoleMember
    - [Ext] getRoleMemberCount

 +  Context 
    - [Int] _msgSender
    - [Int] _msgData

 + [Lib] Math 
    - [Int] max
    - [Int] min
    - [Int] average
    - [Int] ceilDiv
    - [Int] mulDiv
    - [Int] mulDiv
    - [Int] sqrt
    - [Int] sqrt
    - [Int] log2
    - [Int] log2
    - [Int] log10
    - [Int] log10
    - [Int] log256
    - [Int] log256

 + [Lib] SignedMath 
    - [Int] max
    - [Int] min
    - [Int] average
    - [Int] abs

 + [Lib] Strings 
    - [Int] toString
    - [Int] toString
    - [Int] toHexString
    - [Int] toHexString
    - [Int] toHexString
    - [Int] equal

 + [Int] IERC165 
    - [Ext] supportsInterface

 +  ERC165 (IERC165)
    - [Pub] supportsInterface

 +  AccessControl (Context, IAccessControl, ERC165)
    - [Pub] supportsInterface
    - [Pub] hasRole
    - [Int] _checkRole
    - [Int] _checkRole
    - [Pub] getRoleAdmin
    - [Pub] grantRole #
       - modifiers: onlyRole
    - [Pub] revokeRole #
       - modifiers: onlyRole
    - [Pub] renounceRole #
    - [Int] _setupRole #
    - [Int] _setRoleAdmin #
    - [Int] _grantRole #
    - [Int] _revokeRole #

 + [Lib] EnumerableSet 
    - [Prv] _add #
    - [Prv] _remove #
    - [Prv] _contains
    - [Prv] _length
    - [Prv] _at
    - [Prv] _values
    - [Int] add #
    - [Int] remove #
    - [Int] contains
    - [Int] length
    - [Int] at
    - [Int] values
    - [Int] add #
    - [Int] remove #
    - [Int] contains
    - [Int] length
    - [Int] at
    - [Int] values
    - [Int] add #
    - [Int] remove #
    - [Int] contains
    - [Int] length
    - [Int] at
    - [Int] values

 +  AccessControlEnumerable (IAccessControlEnumerable, AccessControl)
    - [Pub] supportsInterface
    - [Pub] getRoleMember
    - [Pub] getRoleMemberCount
    - [Int] _grantRole #
    - [Int] _revokeRole #

 +  Pausable (Context)
    - [Pub]  #
    - [Pub] paused
    - [Int] _requireNotPaused
    - [Int] _requirePaused
    - [Int] _pause #
       - modifiers: whenNotPaused
    - [Int] _unpause #
       - modifiers: whenPaused

 + [Lib] StorageSlot 
    - [Int] getAddressSlot
    - [Int] getBooleanSlot
    - [Int] getBytes32Slot
    - [Int] getUint256Slot
    - [Int] getStringSlot
    - [Int] getStringSlot
    - [Int] getBytesSlot
    - [Int] getBytesSlot

 + [Int] IERC20 
    - [Ext] totalSupply
    - [Ext] balanceOf
    - [Ext] transfer #
    - [Ext] allowance
    - [Ext] approve #
    - [Ext] transferFrom #

 + [Int] IERC20Metadata (IERC20)
    - [Ext] name
    - [Ext] symbol
    - [Ext] decimals

 +  ERC20 (Context, IERC20, IERC20Metadata)
    - [Pub]  #
    - [Pub] name
    - [Pub] symbol
    - [Pub] decimals
    - [Pub] totalSupply
    - [Pub] balanceOf
    - [Pub] transfer #
    - [Pub] allowance
    - [Pub] approve #
    - [Pub] transferFrom #
    - [Pub] increaseAllowance #
    - [Pub] decreaseAllowance #
    - [Int] _transfer #
    - [Int] _mint #
    - [Int] _burn #
    - [Int] _approve #
    - [Int] _spendAllowance #
    - [Int] _beforeTokenTransfer #
    - [Int] _afterTokenTransfer #

 +  ERC20Burnable (Context, ERC20)
    - [Pub] burn #
    - [Pub] burnFrom #

 +  Coin (AccessControlEnumerable, Pausable, ERC20Burnable)
    - [Pub]  #
       - modifiers: ERC20
    - [Ext] pause #
       - modifiers: onlyRole
    - [Ext] unpause #
       - modifiers: onlyRole
    - [Int] _beforeTokenTransfer #

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What is a SourceHat Audit?

Typically, a smart contract audit is a comprehensive review process designed to discover logical errors, security vulnerabilities, and optimization opportunities within code. A SourceHat 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.