🔒Safe & Audited

What is Contract Audit?

Contract audits can be an efficient tool for cost control and quality improvement. An audit provision will require an audit of the quality of parts or services to assist ensure quality. It's used to see if parties are following through on all of their contractual responsibilities.

Steps of Auditing

1. Testing

2. Automated Analysis

3. Manual Analysis

4. Audit report

Testing

Tests are the simplest and most straightforward method of detecting flaws. These can range from unit tests that focus on specific functions to integration tests that cover broader sections of code. High test coverage reduces the number of easily detected issues that make it into an audit, making life easier for everyone. Furthermore, tests guarantee that all developers on a team are on the same page about the project's planned performance and functionalities, which helps to avoid confusion during the audit. They also act as informal documentation for auditors, demonstrating another method of providing auditors with insight into the project's planned capabilities.

Automated Analysis

The development of automated bug detection tools is increasing in tandem with the demand for safer code. Based on research into typical vulnerabilities found in Solidity smart contracts, symbolic execution tools have been built. These tools examine a programme to see which inputs cause each section of it to run. This programme speeds up the auditing process by making it easier to spot common code flaws, lowering audit turnaround time and allowing human auditors to focus on more complicated and new issues.

Manual Analysis

Automated tools can assist in quickly identifying common flaws, although they may not be aware of the developer's purpose. Software frequently appears to be free of vulnerabilities yet performs differently than it was designed to. As a result, the human examination is required to improve vulnerability detection.

An expert auditing team digests the specification, then either validate that the project is performing as planned or identifies anomalies, recommending changes to the project team.

Audit Report

The auditing team must create a report for the project team after inspection through tests, automated analysis, and manual analysis, ideally with time for the two teams to debate and act on the report's conclusions. This final phase is critical for incorporating the audit's findings into the final project. The project team should have a thorough understanding of the flaws and vulnerabilities discovered in the current project, as well as the audit team's recommended patches, before incorporating them into the project. If time allows, a follow-up conversation or audit is recommended to ensure there are no remaining potential vulnerabilities in the project. We believe that our fans and users are our most valuable assets. We are open to any creative ideas and concepts to add to the roadmap of our upcoming projects. We want everyone to have a say and feel part of the team! We will add the best ideas to the voting agreement and let the community decide.