ChainSeed x Solid Group: Audit Results

Solidgroup
4 min readMay 3, 2021

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Disclaimer

SolidGroup reports are not, nor should be considered, an “endorsement” or “disapproval” of any particular project or team. These reports are not, nor should be considered, an indication of the economics or value of any “product” or “asset” created by any team. Solid Group do not cover testing or auditing the integration with external contract or services (such as Unicrypt, Uniswap, PancakeSwap etc’…)

SolidGroup Audits do not provide any warranty or guarantee regarding the absolute bug-free nature of the technology analyzed, nor do they provide any indication of the technologies proprietors. SolidGroup Audits should not be used in any way to make decisions around investment or involvement with any particular project. These reports in no way provide investment advice, nor should be leveraged as investment advice of any sort. SolidGroup Reports represent an extensive auditing process intending to help our customers increase the quality of their code while reducing the high level of risk presented by cryptographic tokens and blockchain technology. Blockchain technology and cryptographic assets present a high level of ongoing risk. SolidGroup’s position is that each company and individual are responsible for their own due diligence and continuous security. SolidGroup in no way claims any guarantee of security or functionality of the technology we agree to analyze.

Auditing Process

Solid Group’s auditing process goes in-depth and covers a wide range of token code characteristics. The main things the audit checks for are vulnerabilities and imminent risks to the safety and security of the code, Solid Group does an extensive auditing process intending to help their customers increase their code quality while reducing the high level of risk presented by cryptographic tokens and blockchain technology.

Contract

Highlights of the process

✅BEP-20’s Conformance

✅ No mint function

Findings

Issue #1 — Fixed ✅

Issue #2 — Fixed ✅

Issue #3 — Fixed ✅

Vulnerability Summary

Summary

SeedChain pre-mints all the tokens when the contract is deployed. In other words, there is no mint function to worry about. In the official token contract, the team fixed all the issues that were found.

Tokenomics

  • 87% of the tokens are allocated for the ILO event.
  • 11% of the tokens are held by the dev. Locked on team.finance

About ChainSeed

Our aim at Chainseed is to democratize a type of investment that has been in the ha CSEED of the rich for far too long. By holding the CSEED token, every investor can now gain exposure to private sales and seed rounds as we use 40% of our profits to buy back CSEED tokens on the market, and burn them.

🌏 Website |🗣Telegram |📣 Twitter | ℹMedium

About Solid Group

Solid Group is a team of hard-seasoned crypto developers and smart contract auditors. In essence, Solid is a blockchain consulting and auditing service provider that 3 cybersecurity experts founded with a passion for thinking out of the box, learning, and sharing knowledge. Every project goes through a meticulous process and is viewed by at least two partners, thereby achieving a high level of credibility and professionalism. Our team found many high severity issues in the production code and always love to support the customers in finding the best solution.

📣 Telegram| 🗣Telegram discussion group |📣 Twitter |🛡 Contact for audit

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Solidgroup
Solidgroup

Written by Solidgroup

We are a group 3 software developers with combined experience of over 15years in various fields such as Software design, Operating systems, and solidity.

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