AlphaKlimaUpgradeable Manual Review Findings

AKU-01M: Centralized Total Supply

Description:

The aKLIMA token's total supply is minted in full directly to the Klima administrator.

Example:

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10contract AlphaKlimaUpgradeable is ERC20PresetFixedSupplyUpgradeable, OwnableUpgradeable {
11
12    constructor(){
13    }
14
15    function initialize() public initializer {
16        __AlphaKlimaUpgradeable_init(0x693aD12DbA5F6E07dE86FaA21098B691F60A1BEa);
17    }
18
19    function __AlphaKlimaUpgradeable_init(address _Klimadmin) internal {
20
21        __Ownable_init();
22        __ERC20PresetFixedSupply_init("AlphaKlima", "aKLIMA", 120000 * 1e18, _Klimadmin);
23    }
24
25}

Recommendation:

We advise this trait of the system to be assessed and potentially revised as it overly centralizes the supply of the token and consequent value.

Alleviation:

The KlimaDAO team stated that this is by design and that the aKLIMA token was a placeholder that is no longer in use. As such, we consider this exhibit void.