Fndz audit report
  • Status Update: Smart Contract Audits Complete!
  • The audit process includes:
  • ZOKYO gave our contracts the following score:
  • Executive Summary
Status Update: Smart Contract Audits Complete!

Great news!

We have received the full audit report for the FNDZ platform. The staking contract was the last part of the code to be audited, as it interacts with multiple contracts across the platform and could not be audited until we knew the rest of the code was secure. This has now been done, and the overall audit result for FNDZ is well above the industry standard!

The audits were conducted by industry leader ZOKYO, whose security team verified the integrity of the FNDZ smart contracts using best practices and industry-standard techniques. This includes a line-by-line review of the contract code by developers, documenting any issues that are discovered. This work also includes writing a unit test suite.

The audit process includes:
  1. Due diligence in assessing the overall quality of the codebase;
  2. Cross-comparison with other, similar smart contracts by industry leaders;
  3. Testing contract logic against common and uncommon attack vectors;
  4. Thorough, manual review of the codebase, line-by-line.

Throughout the review process, care was taken to ensure that the contract:

  • Implements and adheres to existing standards appropriately and effectively;
  • Documentation and code comments match logic and behavior;
  • Distributes tokens in a manner that matches calculations;
  • Follows best practices in efficient use of resources, without unnecessary waste;
  • Uses methods safe from reentrance attacks;
  • Is not affected by the latest vulnerabilities;
  • Whether the code meets best practices in code readability, etc.
ZOKYO gave our contracts the following score:

And compared to the industry average

Executive Summary

The auditor's team has verified the whole pack of contracts. The protocol is designed for trading on AMMs and staking protocol tokens with a custom rewards system. Overall, contracts are well-structured and organized.

The FNDZ team has prepared a solid test suite, which is sufficient to ensure the security of the contracts. It has been verified that contracts correspond to the business logic of the protocol and that all the funds are safely stored. It was verified that no one but the users have direct access to their funds.

No severe issues were found. All discovered issues are minor and don't impact the protocol's ability to operate. Nevertheless, all issues have been resolved by the FNDZ team.

Auditors have verified native test-coverage in order to check its correctness. The team's tests are well-organized and verify all the functions of smart contracts and protocol work. Also, the auditor's team has provided its own tests and testing scenarios to confirm that contracts correspond to the security standard.

The results demonstrate the proactive approach the FNDZ developers took to meet best practice security standards and due diligence requirements for the implementation of code. FNDZ received an audit score which was above the industry standard, showing no critical or high issues during the audit.

FNDZ strives to develop high quality products that are user-friendly and extremely safe. Our team of developers with diverse backgrounds have a thorough understanding of what is required not only in the development of secure products, but also in their execution. We will always prioritize security and ensure that our smart contracts have been approved by trusted auditors before they are deployed on the mainnet.

A copy of the full audit report can be found Here

As always, thanks for your support and we look forward to launching the platform together with you!

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