Project Background
- Token Type
This project is an ERC20-compatible token built on the BNB Smart Chain, enabling standard token transfers and balances. - Core Standard
It follows the OpenZeppelin ERC20 framework, ensuring widely accepted token behavior and security practices. - Swap Mechanism
The contract introduces Swapin and Swapout functions for cross-chain asset transfers. - Bridge Functionality
It acts as a bridge token, allowing assets to move between different blockchains via a centralized authority. - Minting Capability
Tokens are minted through the Swapin function, which is controlled by the contract owner. - Burn Mechanism
Tokens are burned using the Swapout function when users transfer assets out of the chain. - Ownership Control
The contract includes an onlyOwner modifier, giving administrative control to a single owner address. - Delayed Ownership Transfer
Ownership changes are not immediate—they activate after a specific number of blocks, adding a delay mechanism. - Security Measures
Uses SafeMath to prevent overflow/underflow issues in arithmetic operations. - Centralized Trust Model
The system relies on a trusted owner for minting and bridging, meaning it is not fully decentralized.
Executive Audit Summary
- According to the standard audit assessment, the Customer`s solidity smart contracts are “Secured”. Also, these contracts contain owner control, which does not make them fully decentralized.
- We used various tools like Slither, Solhint and Remix IDE. At the same time this finding is based on critical analysis of the manual audit.
- We found 0 critical, 0 high, 0 medium, 0 low, and 3 very low-level issues.
Audit Report in PDF
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