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Audit name:

[SCA] United Atlas | United-Atlas-Contracts | Nov2024

Date:

Nov 29, 2024

Table of Content

Introduction
Audit Summary
System Overview
Potential Risks
Findings
Appendix 1. Definitions
Appendix 2. Scope
Disclaimer

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Introduction

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

United Atlas is a travel platform integrating with blockchain to offer cryptocurrency payments and tokenized timesharing, . Its token, UAT, is utilized for booking travel services, purchasing timesharing slots, creating and trading NFTs, gamification, and staking.

Document

NameSmart Contract Code Review and Security Analysis Report for United Atlas
Audited By, Adam Idarrha
Approved ByAtaberk Yavuzer
Websitehttps://unitedatlas.io/
Changelog18/11/2024 - Preliminary Report
29/11/2024 - Final Report
PlatformPolygon
LanguageSolidity
TagsUpgradeable Proxy, ERC-20
Methodologyhttps://hackenio.cc/sc_methodology
  • Document

    Name
    Smart Contract Code Review and Security Analysis Report for United Atlas
    Audited By
    , Adam Idarrha
    Approved By
    Ataberk Yavuzer
    Changelog
    18/11/2024 - Preliminary Report
    29/11/2024 - Final Report
    Platform
    Polygon
    Language
    Solidity
    Tags
    Upgradeable Proxy, ERC-20

Review Scope

Repositoryhttps://github.com/UnitedAtlas/UnitedAtlas/
File Hashsha3-224: b81f9185dec22c10c005d64d33a5c178b585d2727a5c17f94c3078d4

Audit Summary

5Total Findings
5Resolved
0Accepted
0Mitigated

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

Documentation quality

  • Functional requirements are complete.

  • Technical description is sufficient.

Code quality

  • The code mostly conforms with the Solidity Style Guide.

System Overview

United Atlas is a protocol with the following contracts:

UnitedAtlas — simple ERC-20 token that mints all initial supply to the owner, with burnable functionality. Additional minting is not allowed.

It has the following attributes:

  • Name: UnitedAtlas

  • Symbol: UAT

  • Decimals: 18

  • Total supply: 8 billion tokens.

Privileged roles

  • The owner of the UnitedAtlas contract can arbitrarily update the code of the contract through upgrading it.

Potential Risks

Centralization Risk: The contract mints the entire token supply to the owner upon deployment, creating a significant centralization risk. This concentration of tokens in a single address gives the owner disproportionate control over the token's distribution and potentially the protocol's governance.

Upgradeability: Upgradeable contracts typically rely on an upgrade mechanism controlled by one or more addresses, introducing centralization and potentially creating single points of failure or trust.

Findings

Code
Title
Status
Severity
F-2024-7197Floating pragma
fixed

Observation
F-2024-7196Use Ownable2Step rather than Ownable
fixed

Observation
F-2024-7195Redundant override function
fixed

Observation
F-2024-7163remove initializer modifier from the constructor
fixed

Observation
F-2024-7162Missing _disableInitializers() in Upgradable Contract Constructor
fixed

Observation
1-5 of 5 findings

Identify vulnerabilities in your smart contracts.

Appendix 1. Definitions

Severities

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.
  • 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.

Potential Risks

The "Potential Risks" section identifies issues that are not direct security vulnerabilities but could still affect the project’s performance, reliability, or user trust. These risks arise from design choices, architectural decisions, or operational practices that, while not immediately exploitable, may lead to problems under certain conditions. Additionally, potential risks can impact the quality of the audit itself, as they may involve external factors or components beyond the scope of the audit, leading to incomplete assessments or oversight of key areas. This section aims to provide a broader perspective on factors that could affect the project's long-term security, functionality, and the comprehensiveness of the audit findings.

Appendix 2. Scope

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

Scope Details

RepositoryN/A
Commitsha3-224: b81f9185dec22c10c005d64d33a5c178b585d2727a5c17f94c3078d4
Deployed AddressPolygon: 0x8b86Ff51C70c67D06CD4Cf41b4d0B4a4bBC8D842
Whitepaperhttps://docsend.com/view/pxpne22zdseezyuy
RequirementsN/A
Technical RequirementsN/A
  • Scope Details

    Repository
    N/A
    Commit
    sha3-224: b81f9185dec22c10c005d64d33a5c178b585d2727a5c17f94c3078d4
    Deployed Address
    Polygon: 0x8b86Ff51C70c67D06CD4Cf41b4d0B4a4bBC8D842
    Requirements
    N/A
    Technical Requirements
    N/A

Assets in Scope

UnitedAtlas.sol - UnitedAtlas.sol

Disclaimer