CertiK reviewed Equito Finance on 28 Nov 2022: 5 findings, 0 critical; 2 marked fixed, 3 open.
Report hosted on skynet.certik.com.
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Statuses are the security firm’s own, from its report.
| Severity | Open | Acknowledged | Fixed |
|---|---|---|---|
| Critical | 0 | 0 | 0 |
| High | 0 | 0 | 0 |
| Medium | 2 | 0 | 0 |
| Low | 1 | 0 | 2 |
We noticed that tokens being burned are sent to the contract address, which is also the reserve address. Note that the burn operation is reversible in this case. The total supply is not changed in this case. Reference: https://forum.algorand.org/t/stablecoin-how-to-burn-the-asset-and-update-the-supply/1838
The function `on_lock_algo` and `on_lock_usdc` are declared but never used in the contract.
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