Memecoin Token Smart Contract Audit

Project Background

  • The Memecoin contract is designed to be a secure and functional ERC20 token with:
    • Standard ERC20 token capabilities.
    • Support for gasless approvals using the ERC20Permit extension.
    • Ownership control through the Ownable contract.
    • Restriction on permit function to ensure only a specific token pool can be approved for spending.
  • This design ensures that only authorized interactions can occur with the token via the permit function, enhancing security. Additionally, the owner has the flexibility to set and update the token pool as needed.
  • Memecoin contracts offer various functions such as renouncement, transfer of ownership, permit, and setting the new TokenPool address.
  • Overall, this contract implements a token with permit functionality, where the spender is restricted to the token pool address. Additionally, it provides ownership functionality and allows the owner to update the token pool address.


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


Audit Report Flip book

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