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Audit name:

[SCA] RedFox | NFT | Sep2021

Date:

Sep 22, 2021

Table of Content

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

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Introduction

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

Velocore is a groundbreaking solution, synthesizing top-tier DEX methodologies into a novel, high-performance flywheel

titlecontent
PlatformNAME
LanguageNAME
TagsNAME
Timeline- - -
Methodologyhttps://hackenio.cc/sc_methodology→

    Review Scope

    Repositoryhttps://github.com/velocore/audit→
    Commit94fc760

    Audit Summary

    Total8/10
    Security Score

    6/10

    Test Coverage

    68%

    Code Quality Score

    6/10

    Documentation Quality Score

    6/10

    2Total Findings
    2Resolved
    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 RedFox
    Audited By
    Approved By
    Websitehttps://hacken.io→
    Changelog30/01/2024 - Preliminary Report
    • Document

      Name
      Smart Contract Code Review and Security Analysis Report for RedFox
      Audited By
      Approved By
      Changelog
      30/01/2024 - Preliminary Report

    System Overview

    PROJECT_NAME is a staking protocol with the following contracts:

    Token  — simple ERC-20 token that mints all initial supply to a deployer. Additional minting is not allowed.

    It has the following attributes:

    • Name: TokenName

    • Symbol: TST

    • Decimals: 18

    • Total supply: 100m tokens.

    Staking — a contract that rewards users for staking their tokens. APY depends on the tokens provided by the owner and could not be calculated before reward tokens are deposited.

    Privileged roles

    • The owner of the contract can arbitrarily add, delete and modify the addresses stored. It is therefore entitled to impersonate or change the logic of critical components of the system at will.

    • The owner can revoke a vesting if upon creation such a parameter was provided. On revoking all vested tokens till the moment are automatically released to the beneficiary account.

    Executive Summary

    Documentation quality

    The total Documentation quality score is 2 out of 10.

    • Functional requirements are partially missed.

    • Technical description is not provided.

    Code quality

    The total Code quality score is 3 out of 10.

    • The code duplicates commonly known contracts instead of reusing them.

    • Several template code patterns were found.

    • The development environment is configured.

    Test coverage

    Code coverage of the project is 17.99% (branch coverage), with a mutation score of 77%.

    • Deployment and basic user interactions are covered with tests.

    • Negative cases coverage is missed.

    • Interactions by several users are not tested thoroughly.

    Security score

    Upon auditing, the code was found to contain 0 critical, 0 high, 0 medium, and 2 low severity issues. Out of these, 2 issues have been addressed and resolved, leading to a security score of 5 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 4.3. This score reflects the combined evaluation of documentation, code quality, test coverage, and security aspects of the project.

    Risks

    Iterating over a dynamic array populated with custom tokenId can lead to gas limit denial of service if the number of tokenId goes out of control.

    Findings

    F-2022-1919A public function that could be declared external
    Status
    fixed
    Severity

    Low
    F-2022-1918A State variable that could be declared immutable
    Status
    fixed
    Severity

    Low
    Code
    ―
    Title
    Status
    Severity
    F-2022-1919A public function that could be declared external
    fixed

    Low
    F-2022-1918A State variable that could be declared immutable
    fixed

    Low
    1-2 of 2 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/hknio→
    Commitf185c31beaace0671972d1c2c5be6ea67a8a55e9
    Whitepaperhttps://hackenio.cc/hacken-methodologies→
    Requirements
    Technical Requirements

    Contracts in Scope

    contracts
    name1.sol - contracts › name1.sol
    name2.sol - contracts › name2.sol

    Disclaimer