Project Background

This Solidity code defines a smart contract named `OmniTensor`, which implements the ERC20 token standard with additional functionalities, including owner-based controls, token trading via Uniswap, and tax mechanisms. Here is an overview of its components:

Key Features:

• ERC20 Token Basics:

• • The contract implements the standard ERC20 interface (`IERC20`), providing methods such as `balanceOf`, `transfer`, `approve`, and `transferFrom`.
  • The token is named “OmniTensor” (`OMNIT`) with 18 decimals and a total supply of 1 billion tokens.

• Ownership Control: The `Ownable` contract provides functionality for managing ownership, including transferring ownership or renouncing it. The owner has exclusive rights to modify certain contract behavior.

• Uniswap Integration:

• • The contract interacts with the Uniswap V2 protocol via `IUniswapV2Factory` and `IUniswapV2Router02` interfaces. It allows adding liquidity in ETH and enables token swaps through the DEX.
  • The `startTrading` function activates trading by creating a Uniswap pair and adding liquidity.

• Taxation Mechanism:

• • A buy/sell fee (initially set to 5%) is applied to transactions involving Uniswap. The tax amount is deducted from transfers, except for addresses that are marked as excluded.
  • The contract collects the tax in tokens, which can later be swapped for ETH and distributed to various wallets (`OmegaWallet`, `GammaWallet`, `BetaWallet`, `AlphaWallet`).

• Limits and Controls:

• • The contract enforces limits on transaction size (`maxTxValue`) and wallet holdings (`maxWalletHoldings`).
  • Trading can be paused and started by the owner. Additionally, the contract provides the ability to remove transaction and wallet limits.

• Emergency Functions:

• • The owner can withdraw accumulated ETH or recover any remaining tokens in the contract.
  • Manual token swaps for ETH can also be triggered by the owner.

This contract is designed with a flexible fee structure, controlled trading features, and strong ownership functionality, making it well-suited for projects aiming to integrate liquidity and token swapping through Uniswap.

Website: omnitensor.io

Executive Audit Summary

• According to the standard audit assessment, the Customer`s solidity smart contracts are “Secured”. The OmniTensor smart contract is 100% decentralized, as it renounces ownership, making it ownerless.
  
• 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 3 low and 5 very low-level issues.
  We confirm that all the issues are acknowledged.

Audit Report in PDF

Audit Report Flip book