CERTIK ‘s AUDIT 100%

MetalSwap

Published in

MetalSwap

3 min readSep 1, 2022

Did we say the news would come soon?
Well, here it is!

⚡We are truly honoured to announce that the Audit by CERTIK was successful!⚡

You can check out Certik’s official page about MetalSwap:

What does this Audit tell us?
What kind of topics were discussed between the two teams?

Certik’s team achieved 26 findings:

6 Critical -Centralization
6 of MetalSwap’s pieces-of-code are managed by a single signature wallet. As you know, MetalSwap ‘s main service is not developed on ETH Mainnet, not yet. With this last development we’re going to mitigate risks with Multisig Contract Owners. For the moment, they’ll stay in Acknowledged category.
3 Major -Centralization
As above :) In other words, we didn’t need it to cover those topics for our Testnet, soon with the Mainnet we’re developing a solution that will be anknowledged by Certik’s team and the page will be updated together with the Skynet Trust Score that will be activated after the Mainnet event.
2 Medium -Controlflow
The order in which some functions are executed is so important! We thank the staff of Certik for suggesting those improvements, which was immediately implemented, making the findings Resolved
4 Minor -MathOperation
Three MathOperations corrected in the best practices way, one is mitigated, and will be solved with the Mainnet!
11 Informational -CodingStyle
Those 11 tweaks have been gladly added to our coding style! Resolved!

We will soon have the great pleasure of being hosted on Certik’s new Discord channel for an in-depth AMA!
Stay tuned to the MetalSwap and Certik socials for official announcements!

What a Time to be in DeFi!

⚠️Warning⚠️

❗ METALSWAP ‘s admins or moderators will NEVER contact you directly on any social under any kind of circumstances.

❗ Everything concerning $XMT ‘s smart contracts and addresses is shared by our official channels (list below), do not trust any different info from any different source.

To the MetalSwap!

… and beyond!

✎ What is MetalSwap?

MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project. Allowing the protection for an increasing number of operators.

With MetalSwap we enable hedge swap transactions through the use of Smart Contracts, AMM style.