Introduction
We express our gratitude to the Bixos team for the collaborative engagement that enabled the execution of this Smart Contract Security Assessment.
Bixos is a simple BEP-20 token, which mints all of the total supply to the deployer.
| title | content |
|---|---|
| Platform | EVM |
| Language | Solidity |
| Tags | BEP-20 |
| Timeline | 26/02/2024 - 27/02/2024 |
| Methodology | https://hackenio.cc/sc_methodology→ |
Review Scope | |
|---|---|
| Repository | https://github.com/bixos/ubxstoken-smartcontract→ |
| Commit | f5f5329 |
Review Scope
- Commit
- f5f5329
Audit Summary
10/10
100%
8/10
10/10
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 | |
|---|---|
| Name | Smart Contract Code Review and Security Analysis Report for Bixos |
| Audited By | Giovanni Franchi |
| Approved By | Yves Toiser |
| Website | https://bixos.com/→ |
| Changelog | 26/02/2024 - Preliminary Report |
Document
- Name
- Smart Contract Code Review and Security Analysis Report for Bixos
- Audited By
- Giovanni Franchi
- Approved By
- Yves Toiser
- Website
- https://bixos.com/→
- Changelog
- 26/02/2024 - Preliminary Report
System Overview
Bixos is a simple BEP-20 with the following contract:
1_UbxsToken — BEP-20 token that mints all initial supply to a deployer. Additional minting is not allowed. Total supply is not defined in a constant but passed as a constructor argument.
It has the following attributes:
Name: UBXS Token
Symbol: UBXS
Decimals: 6
Total supply: Defined at deploy time.
Privileged roles
No privileged roles detected.
Executive Summary
Documentation quality
The total Documentation Quality score is 10 out of 10.
Functional requirements are provided.
Technical description is provided.
Code quality
The total Code Quality score is 8 out of 10.
Naming convention best practises are violated.
The development environment is configured.
Test coverage
Code coverage of the project is 100%.
Test coverage is not required for projects below 250 loc.
Security score
Upon auditing, the code was found to contain 0 critical, 0 high, 0 medium, and 0 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 9.6. This score reflects the combined evaluation of documentation, code quality, test coverage, and security aspects of the project.
Risks
The total supply of the token is determined during the deployment. It cannot be verified until the contract is deployed.
All tokens are minted to a single address. The secureness of the supply depends on the secureness of key storage.
The whitepaper → mentions many functionalities that are not implemented in the present scope such as an allocation program and a tokenomics strategy.
Findings
Code ― | Title | Status | Severity | |
|---|---|---|---|---|
| F-2024-1044 | Non-Compliance with Naming Conventions for Contract and File Names | unfixed | Observation |
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 | |
|---|---|
| Repository | https://github.com/bixos/ubxstoken-smartcontract→ |
| Commit | f5f5329e4243c18395dccff28bbea3b358b4424b |
| Whitepaper | https://docs.bixos.io/documents/readme→ |
| Requirements | https://docs.bixos.io/documents/readme→ |
| Technical Requirements | https://docs.bixos.io/documents/readme→ |
Scope Details
- Commit
- f5f5329e4243c18395dccff28bbea3b358b4424b
- Whitepaper
- https://docs.bixos.io/documents/readme→
- Requirements
- https://docs.bixos.io/documents/readme→
- Technical Requirements
- https://docs.bixos.io/documents/readme→