Pendle Token Smart Contract Audit

Project Background

  • This Solidity contract is for a token called PENDLE, which implements the IPENDLE interface. Here’s a breakdown of the contract:
    • Constructor: The contract constructor initializes various parameters including the token distribution to different addresses, emission rates, start time, and other configuration parameters.
    • Token Transfer Functions: Functions for transferring tokens (transfer, transferFrom, approve, increaseAllowance, decreaseAllowance) are implemented.
    • Delegation Functions: Functions for delegate voting power (delegate, delegateBySig), and related internal functions are implemented.
    • Vote Calculation Functions: Functions for calculating vote balance (getCurrentVotes, getPriorVotes), and related internal functions are implemented.
    • Internal Transfer and Approval Functions: Internal functions for transferring tokens, approving spending, and updating voting power are implemented (_transfer, _approve, _moveDelegates, _writeCheckpoint).
    • Utility Functions: Utility functions like safe32, getChainId, and _getCurrentWeek are implemented.
    • Config Changes Functions: Functions for initiating and applying configuration changes (initiateConfigChanges, applyConfigChanges) are implemented.
    • Liquidity Emission Functions: Functions for claiming liquidity emissions (claimLiquidityEmissions, _mintLiquidityEmissions) are implemented.
    • Token Minting and Burning Functions: Functions for minting and burning tokens (_mint, _burn) are implemented.
  • This contract governs the behavior of the PENDLE token including transfers, voting, delegation, configuration changes, and emission of additional tokens for liquidity incentives.

Website: pendle.finance

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 5 very low-level issues.

Audit Report in PDF


pdf

Audit Report Flip book

Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.

Leave a Reply

Your email address will not be published. Required fields are marked *

four × two =