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Maker audit report.

1. Summary

This document is a security audit report performed by danbogd, where Maker has been reviewed.

2. In scope

3. Findings

In total, 2 issues were reported including:

  • 1 low severity issues.
  • 1 minor observation.

3.1. Known vulnerabilities of ERC-20 token

Severity: low


  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.


Add into a function transfer(address _to, ... ) following code:

require( _to != address(this) );

3.2. Consider using latest version of solidity.

Severity: minor observation


The contracts use solidity version 0.4.15. It is suggested to use the latest version and fix all compiler warnings that arise. Compiler version should be fixed to avoid any potential discrepancies in smart contract behavior caused by different versions of compiler.

4. Conclusion

The audited smart contract is safe to deploy. Some low severity issues were found.

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