Meta Pool’s Smart Contract | Audit by BlockSec

metapool.near
Meta Pool
Published in
2 min readFeb 5, 2022

We’re happy to announce that Meta Pool has been successfully audited by BlockSec, one of the leading auditing firms in the blockchain space. The audit has been passed with only a handful of minor issues and suggestions that have since been fixed. Below is a summary of the auditing process and findings.

The Importance of Audits

Building the future of Web 3.0 is exciting. However, every time you do write new code there is a chance for human error, opening the door for malfunction or exploits.

Our commitment to the highest levels of security start with making all our code open source, so anyone can go and inspect and contribute to it. Now, we’ve gone the extra step to conduct a professional audit. Both of these are the basic standards every Web 3.0 project should follow to avoid rug pulls and security exploits.

The Auditing Process

Audits are a thorough process where third parties dive deep to analyse every aspect of a project’s code looking for security vulnerabilities, performance issues, among others. The BlockSec team considered: Smart Contract Codes, Smart Contract Business Logic, Software Security, DeFi Security, and NFT Security. For more details on the auditing process, read the full report here.

Audit Process

BlockSec preliminary reports contained some issues reported belonging to Medium or Low categories. There were no High-risk issues reported at any point during the audit.

  • The first Low-risk issue was related to conflicts between admin account roles that were not fully considered. The issue was fixed.
  • The third Low-risk issue was more a recommendation by Blocksec, where treasury_account could not be read or modified, that issue was fixed.
  • Finally, there was a Middle-security issue, also again a recommendation, that noted that the admin is allowed to fail when setting the total weight of all the staking pools in a way that all pool might not add to 100%.This is only related to administrative tasks (rebalance weights).

Implementing Audit Results

The Meta Pool team immediately acknowledged and got to work to address the minor issues and suggestions identified. The team has now implemented all the necessary changes and recommendations.

You can check the Security Audit Report here and if you have any doubt please visit our discord. We have just created a new channel #audit to address all the questions and comments regarding the security report published today.

Our team will be working to hold the platform to the highest standard possible, showing transparency and respect to our users and always committed to security.

Keep on staking!

If you have any questions or wish to be part of our project, don’t hesitate to join our official platforms and reach out to the team!

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metapool.near
Meta Pool

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