Balto - audit

CertiK1 address on Ethereum

CertiK reviewed Balto Coin Official (Balto - audit) on 29 Nov 2024: 5 findings, 0 critical; 1 marked fixed, 4 acknowledged.

No open critical findings
Open the reportOpen Balto Coin Official’s security record

Report hosted on skynet.certik.com.

Trustblock does not review code.

Findings5

Statuses are the security firm’s own, from its report.

SeverityOpenAcknowledgedFixed
Critical000
High011
Medium000
Low030
HighInitial Token DistributionAcknowledged

All of the `359015678856 * 10**9` tokens are sent to the contract deployer or one or several externally-owned account (EOA) addresses. This is a centralization risk because the deployer or the owner(s) of the EOAs can distribute tokens without obtaining the consensus of the community. Any compromise to these addresses may allow a hacker to steal and sell tokens on the market, resulting in severe damage to the project.

LowBlock Timestamp Used as Deadline Parameter in UniAcknowledged

In the Uniswap AMM system, a deadline is typically set for token swaps to prevent transactions from being executed after a certain amount of time, which could result in unfavorable price slippage. However, in the current contract, when conducting transactions using the Uniswap function, the deadline is set to `block.timestamp` or more than `block.timstamp`, meaning `the deadline check will pass whatever block the transaction is in` due to the check of deadline `require(deadline >= block.timestamp, 'UniswapV2Router: EXPIRED')` which will always pass. If bots and maximal extractable value (MEV) strategies are widely used, it could affect many transactions. A malicious miner can hold the transaction as he wants to incur the maximum loss is reached. Therefore, the absence or incorrect usage of a deadline could make transactions more susceptible to front-running / MEV attacks, leading to greater price slippage losses.

LowPotential Sandwich AttackAcknowledged

A sandwich attack can occur when an attacker notices a transaction involving token swaps or liquidity additions that lacks slippage restrictions or minimum output amount settings. The attacker can exploit this by frontrunning the transaction to purchase one of the assets, thereby manipulating the exchange rate, and then backrunning the transaction to sell the asset for a profit. The referenced functions are invoked without setting slippage restrictions or minimum output amounts, making transactions that trigger these functions particularly vulnerable to sandwich attacks, especially when large input amounts are involved.

LowRedundant `If` Statement Could be RemovedAcknowledged

The current implementation of the `if` clause is redundant and is not taking any effect. It can be simply removed, making the code clearer and more straightforward.

Contracts in scope1

AddressChainSource code
0xc77336fdd91e22c737b0f5ec33f4c429caa1d13bChain: EthereumSource code: Verified source

Part of Balto Coin Official’s security record

Balto Coin Official
Audits1 audit by 1 firmLast audit Nov 2024, by CertiK.
Critical findingsNo open critical findingsIn 1 report.
Open Balto Coin Official’s security record

Security firm

CertiK

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