Omniscia WagmiDAO Audit
Manual Review
Manual Review
A thorough line-by-line review was conducted on the codebase to identify potential malfunctions and vulnerabilities in WagmiDAO's token ecosystem.
As the project at hand implements multi-featured tokens, intricate care was put into ensuring that the flow of funds within the system conforms to the specifications and restrictions laid forth within the protocol's specification.
We validated that all state transitions of the system occur within sane criteria and that all rudimentary formulas within the system execute as expected. We pinpointed multiple unaccounted fringe cases within the system as well as improper validation of configurational parameters which could have had minor to moderate ramifications to its overall operation, however, they were conveyed ahead of time to the WagmiDAO team to be promptly remediated.
Additionally, the system was investigated for any other commonly present attack vectors such as re-entrancy attacks, mathematical truncations, logical flaws and ERC / EIP standard inconsistencies. The documentation of the project was satisfactory to the extent it need be.
A total of 30 findings were identified over the course of the manual review of which 14 findings concerned the behaviour and security of the system. The non-security related findings, such as optimizations, are included in the separate Code Style chapter.
The finding table below enumerates all these security / behavioural findings:
ID | Severity | Addressed | Title |
---|---|---|---|
FCT-01M | Major | Yes | Inexistent Enforcement of Accounting Accuracy |
FCT-02M | Medium | Yes | Improper Sanitization of Wagmi Percentage |
FCT-03M | Medium | Yes | Inexistent Validation of I/O Amounts |
FCT-04M | Medium | Yes | Overly Centralized Single Points of Failure |
FCT-05M | Medium | Yes | Potential Arbitrage Opportunity |
FCT-06M | Minor | Yes | Inexistent Validation of Threshold |
FTN-01M | Medium | Yes | Overly Centralized Single Point of Failure |
FTN-02M | Minor | Yes | Arbitrary Burn Mechanism |
WAS-01M | Minor | Yes | Inexistent Validation of Previous Status |
WAS-02M | Minor | Yes | Usage of Deprecated Function |
WBD-01M | Minor | Yes | Improper Ratio Precision Validation |
WBD-02M | Minor | No | Improper Vesting Block Management |
WBD-03M | Minor | Yes | Usage of Deprecated Function |
WTN-01M | Medium | Yes | Overly Centralized Single Point of Failure |