Audit name:
[SCA] RWA / Token / May2024
Date:
Jun 6, 2024
Table of Content
Introduction
We express our gratitude to the RWA.Inc team for the collaborative engagement that enabled the execution of this Smart Contract Security Assessment.
RWA.inc offers Real World Asset Tokenization, giving investors the chance to invest in fractions of various Real World Assets.
Document | |
|---|---|
| Name | Smart Contract Code Review and Security Analysis Report for RWA.Inc |
| Audited By | Philipp Eder |
| Approved By | Yves Toiser |
| Website | https://rwa.inc→ |
| Changelog | 03/06/2024 - Preliminary Report |
| Platform | EVM |
| Language | Solidity |
| Tags | ERC20, RWA |
| Methodology | https://hackenio.cc/sc_methodology→ |
Document
- Name
- Smart Contract Code Review and Security Analysis Report for RWA.Inc
- Audited By
- Philipp Eder
- Approved By
- Yves Toiser
- Website
- https://rwa.inc→
- Changelog
- 03/06/2024 - Preliminary Report
- Platform
- EVM
- Language
- Solidity
- Tags
- ERC20, RWA
- Methodology
- https://hackenio.cc/sc_methodology→
Review Scope | |
|---|---|
| Repository | https://github.com/Decubate-com/smart-contracts→ |
| Commit | 98302f9 |
Review Scope
- Commit
- 98302f9
Audit Summary
The system users should acknowledge all the risks summed up in the risks section of the report
Documentation quality
Functional and technical documentation is sufficient.
Code quality
The development environment is configured.
No code quality issues detected.
Test coverage
Code coverage of the project is 0% (branch coverage).
Tests are not mandatory for projects with less than 250 LoC.
System Overview
RWA.inc is a real world asset tokenization project with the following contracts submitted for audit:
RWAToken - burnable ERC20 token that mints the entire supply to the deployer. Additional minting is not allowed.
It has the following attributes:
Name: RWA Token
Symbol: RWA
Decimals: 18
Total Supply: 1 Billion tokens
Risks
All tokens are minted to a single address upon deployment. The security of the tokens depends on the owner of the address.
Findings
No vulnerabilities were foundIdentify 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 | |
|---|---|
| Repository | https://github.com/Decubate-com/smart-contracts→ |
| Commit | 98302f9961f2147064b108f8226f3b3e1da7b5b1 |
| Whitepaper | - |
| Requirements | - |
| Technical Requirements | - |
Scope Details
- Commit
- 98302f9961f2147064b108f8226f3b3e1da7b5b1
- Whitepaper
- -
- Requirements
- -
- Technical Requirements
- -