MadKing Finance Smart Contract Audit

Project Background

  • MadKing’s unique NFT distribution model, and first of its kind in cronos: NFT-as-a-Subscription (NaaS).
  • MadKing art design originally comes from the world famous “Game of Thrones”. We are launching this series using NFT as a subscription (NaaS) service.
  • MadKing DAO’s mission is to utilize NFT as a subscription (NaaS) service technology to help artists and communities to launch their own NFT series and to help raise their own DAO treasury. The backbone of a DAO is its smart contract and we will further build more DAO technology in this space.
  • MadKing NFTs holders are the core members of DAO, and it has higher voting power in directing the DAO directions and the use of the treasury.
  • The MadKing Finance Protocol is a Defi Program which has functions like mint, swap, OpenTrade, burn, twap, spot, update, mock, info, transfer, set pool, claimable, zap, addLiquidity, cleanDust, etc. 
  • The MadKing Finance contract inherits the IERC721, ERC20, SafeERC20, Ownable, ReentrancyGuard, Address, IUniswapV2Router02, IUniswapV2Pair, IERC20, Math, SafeMath, Initializable, ERC20Burnable, TransparentUpgradeableProxy standard smart contracts from the OpenZeppelin library. 
  • These OpenZeppelin contracts are considered community-audited and time-tested, and hence are not part of the audit scope.
Website: https://docs.madking.finance

Executive Audit Summery

  • According to the standard audit assessment, Customer`s solidity smart contracts are “ Secured”. Also, these contracts do 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 and 2 low and some very low level issues.

Audit Report in PDF

Audit Report Flip book

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