Reign Token: Audited by EtherAuthority for a Secure Future on BSC!
In the bustling world of decentralized finance (DeFi) on the Binance Smart Chain (BSC), security and robust functionality are absolutely paramount. That’s why the Reign Token is thrilled to announce the successful completion of a comprehensive smart contract security audit by EtherAuthority, a trusted name in blockchain security. This rigorous review confirms Reign Token’s high level of security maturity, paving the way for a confident future.
What Makes Reign Token Stand Out?
Reign Token is designed with advanced tokenomics and innovative staking features. Our protocol incorporates cutting-edge mechanisms to enhance user experience and value, including:
- Rebase Control: Dynamic adjustments to token supply.
- Presale Management: Strategic handling of token distributions.
- Automated Liquidity Provisioning: Ensuring smooth trading.
- Fee Customization: Flexible fee structures for various operations.
The audit specifically focused on our core contract, ReignERC20.sol, which seamlessly integrates industry-standard libraries from OpenZeppelin, Chainlink, and Hardhat. This ensures robust and reliable functionalities, such as:
- Dynamic fee management
- Random reward logic
- BUSD integration
- Comprehensive staking-related operations
A Deep Dive into Security: EtherAuthority’s Findings
EtherAuthority’s audit process is renowned for its thoroughness, combining both manual code analysis by expert auditors and automated tests using industry-leading tools like Slither, Solhint, and Remix IDE.
The results are a strong testament to our development team’s commitment to security:
- Zero Critical or High-Risk Vulnerabilities: This is a fantastic achievement, highlighting the fundamental soundness of the Reign Token smart contract.
- Identified & Resolved Issues: While no critical issues were found, 2 medium and 3 low-severity issues were noted. These included:
- Missing range validation in random input arrays.
- The absence of specific fee percentage limits, which could potentially impact investor trust.
- Inadequate input checks for several owner-controlled functions (like setRouter and setBUSD).
Crucially, all identified issues were either resolved or thoughtfully acknowledged in the revised code, significantly enhancing the overall reliability of our smart contract. EtherAuthority also provided valuable suggestions for code optimization, adding clear error messages, and removing unused variables for better efficiency and clarity.
Centralization and Our Commitment to Trust
The audit did highlight that certain functions, such as token minting, rebase control, and fee settings, remain under centralized owner control. While this provides essential flexibility for protocol management, EtherAuthority advises renouncing ownership post-deployment for enhanced decentralization and building even greater trust within the community. Reign Token is committed to continually exploring paths towards greater decentralization.
Reign Token: Secure and Ready for Launch!
The final verdict from EtherAuthority is clear: the Reign Token smart contract is “Secured” and ready for production deployment. This comprehensive security review provides immense confidence to our community, potential investors, and partners regarding the integrity and resilience of our protocol on the Binance Smart Chain.
For those who wish to delve into the technical details and explore the findings firsthand, the full audit report is publicly available. Dive into the full audit here: Reign Token-Smart Contracts Security Audit-Report
Don’t wait for the fire to start. Fortify your ecosystem with EtherAuthority before it’s too late—contact@etherauthority.io
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