Powerloom
Summary
The contract `PowerloomToken` was created using OpenZeppelin’s [Wizard](https://docs.openzeppelin.com/contracts/5.x/wizard) as a standard ERC-20 token with additional features. It inherits from OpenZeppelin’s `ERC20Permit` for permit-based approvals, and `ERC20Votes` for voting delegation. The token’s supply is determined at deployment with 1 billion tokens minted to the deploying address. Notably, tokens cannot be minted nor burned and the contract does not include any custom business logic or specific functionality beyond the standard ERC-20 and related features provided by the OpenZeppelin contracts. We have not found any significant security vulnerabilities. However, we still recommend addressing all the issues pointed out in the report. **2023-12-15 Update:** The Powerloom team fixed all the issues in the report.
