ETH_Twogap_report.md

Twogap Token Audit Report.

1. Summary

This document is a security audit report performed by RideSolo, where Twogap Token has been reviewed.

Symbol      : TGT
Name        : Twogap Token
Total supply: 210,000,000,000
Decimals    : 18 
Standard    : ERC20

2. In scope

• Twogap Token.

3. Findings

3 issues were reported including:

• 3 low severity issues.

3.1. Bounty Lock

Severity: low

Description

If an address receives bounties twice or more the bounties value of the address is not accumulated, meaning that the vesting logic implemented in transfer function will not lock the bounties allowed before the last call to bountyWithdraw.

Code snippet

    function bountyWithdraw(address to, uint256 value) public onlyOwner returns (bool) {
        withdraw(to, value);
        bounties[to] = value;
        return true;
    }

    function _transfer(address from, address to, uint256 value) internal {
        require(to != address(0));
        if (block.timestamp < bountyLockTime3Month) {
            require(_balances[from].sub(value) >= bounties[from]);
        } else if(block.timestamp < bountyLockTime6Month) {
            require(_balances[from].sub(value) >= (bounties[from] * 9 / 10));
        } else if(block.timestamp < bountyLockTime12Month) {
            require(_balances[from].sub(value) >= (bounties[from] * 6 / 10));
        }
        _balances[from] = _balances[from].sub(value);
        _balances[to] = _balances[to].add(value);
        emit Transfer(from, to, value);
    }

Recommendation

change bounties[to] = value to bounties[to] = bounties[to].add(value)

3.2. Decrease Allowance

Severity: low

Description

decreaseAllowance throw in case if the value to be substracted is higher than the amount that is allowed, if the address owner wants to change the value allowed by reducing it and the spender withdraw a part of it before, the function might throw and give more chances for the spender to take the rest of the allowed value.

The value should be set to zero if the value to be subtracted is higher than the allowance.

Code snippet

    function decreaseAllowance(address spender, uint256 subtractedValue) public returns (bool) {
        require(spender != address(0));

        _allowed[msg.sender][spender] = _allowed[msg.sender][spender].sub(subtractedValue);
        emit Approval(msg.sender, spender, _allowed[msg.sender][spender]);
        return true;
    }

3.3. Known vulnerabilities of ERC-20 token

Severity: low

Description

1. It is possible to double withdrawal attack. More details here
2. Lack of transaction handling mechanism issue. WARNING! This is a very common issue and it already caused millions of dollars losses for lots of token users! More details here

Recommendation

Add the following code to the function _transfer(address from, address to, uint256 value) function:

require( _to != address(this) );

4. Conclusion

The audited contract is safe, however issue 3.1 should be fixed.