Omniscia Euler Finance Audit

PegStabilityModule Static Analysis Findings

PegStabilityModule Static Analysis Findings

PSM-01S: Illegible Numeric Value Representation

Description:

The linked representation of a numeric literal is sub-optimally represented decreasing the legibility of the codebase.

Example:

src/Synths/PegStabilityModule.sol
13uint256 public constant BPS_SCALE = 10000;

Recommendation:

To properly illustrate the value's purpose, we advise the following guidelines to be followed. For values meant to depict fractions with a base of 1e18, we advise fractions to be utilized directly (i.e. 1e17 becomes 0.1e18) as they are supported. For values meant to represent a percentage base, we advise each value to utilize the underscore (_) separator to discern the percentage decimal (i.e. 10000 becomes 100_00, 300 becomes 3_00 and so on). Finally, for large numeric values we simply advise the underscore character to be utilized again to represent them (i.e. 1000000 becomes 1_000_000).

Alleviation (fb2dd77a6ff9b7f710edb48e7eb5437e0db4fc1a):

The referenced value literal has been updated in its representation to 100_00 in accordance with the recommendation's underscore style, addressing this exhibit.

PSM-02S: Inexistent Sanitization of Input Addresses

Description:

The linked function(s) accept address arguments yet do not properly sanitize them.

Impact:

The presence of zero-value addresses, especially in constructor implementations, can cause the contract to be permanently inoperable. These checks are advised as zero-value inputs are a common side-effect of off-chain software related bugs.

Example:

src/Synths/PegStabilityModule.sol
21constructor(address _evc, address _synth, address _underlying, uint256 toUnderlyingFeeBPS, uint256 toSynthFeeBPS)
22 EVCUtil(IEVC(_evc))
23{
24 synth = ESynth(_synth);
25 underlying = IERC20(_underlying);
26 TO_UNDERLYING_FEE = toUnderlyingFeeBPS;
27 TO_SYNTH_FEE = toSynthFeeBPS;
28}

Recommendation:

We advise some basic sanitization to be put in place by ensuring that each address specified is non-zero.

Alleviation (fb2dd77a6ff9b7f710edb48e7eb5437e0db4fc1a):

All input arguments of the PegStabilityModule::constructor function are adequately sanitized as non-zero in the latest in-scope revision of the codebase, addressing this exhibit.