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  • [SCA] Acta Finance | NFT | Apr2022

Acta Finance

Audit name:

[SCA] Acta Finance | NFT | Apr2022

Date:

May 1, 2022

Table of Content

Introduction
Audit Summary
Document Information
System Overview
Executive Summary
Findings
Appendix 1. Severity Definitions
Appendix 2. Scope
Disclaimer

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Introduction

We express our gratitude to the Acta Finance team for the collaborative engagement that enabled the execution of this Smart Contract Security Assessment.

Acta Finance is a DeFi ecosystem that brings innovation to the DeFi industry by motivating users to build a referral network that rewards user network, and user activity, through the referral system and address milestones.

titlecontent
PlatformEVM
LanguageSolidity
Timeline12/04/2022 - 04/05/2022
Methodologyhttps://hackenio.cc/sc_methodology

    Review Scope

    Repositoryhttps://github.com/P2P-Finance/acta-nft-token.git
    Commit428d82167ead9932b7b30068b279c2369a3cad9b

    Audit Summary

    Total9.5/10
    Security Score

    10/10

    Test Coverage

    10/10

    Code Quality Score

    10/10

    Documentation Quality Score

    5/10

    6Total Findings
    5Resolved
    0Accepted
    0Mitigated

    The system users should acknowledge all the risks summed up in the risks section of the report

    Document Information

    This report may contain confidential information about IT systems and the intellectual property of the Customer, as well as information about potential vulnerabilities and methods of their exploitation.

    The report can be disclosed publicly after prior consent by another Party. Any subsequent publication of this report shall be without mandatory consent.

    Document

    NameSmart Contract Code Review and Security Analysis Report for Acta Finance
    Audited ByHacken
    Websitehttps://actafi.org/
    Changelog15/04/2022 - Initial Review
    29/04/2022 - Second Review
    05/05/2022 - Third Review
    • Document

      Name
      Smart Contract Code Review and Security Analysis Report for Acta Finance
      Audited By
      Hacken
      Changelog
      15/04/2022 - Initial Review
      29/04/2022 - Second Review
      05/05/2022 - Third Review

    System Overview

    Acta Finance is a DeFi ecosystem that brings innovation to the DeFi industry by motivating users to build a referral network that rewards user network, and user activity, through the referral system and address milestones. ActaFi Swap is a cross-chain liquidity aggregator that offers margin trading that receives the margin from peer-to-peer lending offers, introducing a new investment opportunity for the users.

    • ActaNftToken — a contract that implements the ERC721 contract. Minting is available only for allowed by contract owner roles with any URI for NFT image.

    Privileged roles

    • Owner can assign roles for NFT minting.

    • Owner can pause the contract in case of any errors to stop minting.

    Executive Summary

    Documentation quality

    The total Documentation quality score is 5 out of 10.

    • The Customer provided a whitepaper with functional requirements. The whitepaper does not contain any information about NFTs.

    Code quality

    The total Code quality score is 10 out of 10.

    • Good unit tests coverage were provided.

    Architecture quality

    The Architecture quality score is 10 out of 10.

    • The project has clear and clean architecture.

    Security score

    Upon auditing, the code was found to contain 0 critical, 2 high, 0 medium, and 4 low severity issues, leading to a security score of 10 out of 10.

    All identified issues are detailed in the “Findings” section of this report.

    Summary

    The comprehensive audit of the customer's smart contract yields an overall score of 9.5. This score reflects the combined evaluation of documentation, code quality, test coverage, and security aspects of the project.

    Findings

    Code
    Title
    Status
    Severity
    F-2022-1553Mint is available for everyone
    fixed

    High
    F-2022-1552NFT id’s collision is possible
    fixed

    High
    F-2022-1557Floating Pragma
    fixed

    Low
    F-2022-1556Redundant import
    fixed

    Low
    F-2022-1555Improper Input Validation
    unfixed

    Low
    F-2022-1554Public function that could be declared external
    fixed

    Low
    1-6 of 6 findings

    Identify vulnerabilities in your smart contracts.

    Appendix 1. Severity Definitions

    When auditing smart contracts, Hacken is using a risk-based approach that considers Likelihood, Impact, Exploitability and Complexity metrics to evaluate findings and score severities.

    Reference on how risk scoring is done is available through the repository in our Github organization:

    Severity

    Description

    Critical
    Critical vulnerabilities are usually straightforward to exploit and can lead to the loss of user funds or contract state manipulation.

    High
    High vulnerabilities are usually harder to exploit, requiring specific conditions, or have a more limited scope, but can still lead to the loss of user funds or contract state manipulation.

    Medium
    Medium vulnerabilities are usually limited to state manipulations and, in most cases, cannot lead to asset loss. Contradictions and requirements violations. Major deviations from best practices are also in this category.

    Low
    Major deviations from best practices or major Gas inefficiency. These issues will not have a significant impact on code execution, do not affect security score but can affect code quality score.
    • Severity

      Critical

      Description

      Critical vulnerabilities are usually straightforward to exploit and can lead to the loss of user funds or contract state manipulation.

      Severity

      High

      Description

      High vulnerabilities are usually harder to exploit, requiring specific conditions, or have a more limited scope, but can still lead to the loss of user funds or contract state manipulation.

      Severity

      Medium

      Description

      Medium vulnerabilities are usually limited to state manipulations and, in most cases, cannot lead to asset loss. Contradictions and requirements violations. Major deviations from best practices are also in this category.

      Severity

      Low

      Description

      Major deviations from best practices or major Gas inefficiency. These issues will not have a significant impact on code execution, do not affect security score but can affect code quality score.

    Appendix 2. Scope

    The scope of the project includes the following smart contracts from the provided repository:

    Scope Details

    Repositoryhttps://github.com/P2P-Finance/acta-nft-token.git
    Commit428d82167ead9932b7b30068b279c2369a3cad9b
    WhitepaperProvided
    Technical RequirementsProvided

    Contracts in Scope

    contracts
    ActaNftToken.sol - contracts › ActaNftToken.sol

    Disclaimer