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Fantic Token Passes Independent Smart Contract Audit

Fantic Token Passes Independent Smart Contract Audit

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by Alexandra Smirnova

4 months ago


The "Fantic" token has successfully passed the smart contract audit, marking an important step in its further development and implementation. Fantic is part of the Dappexpert ecosystem, which highlights its significance for the project and its users. In recent years, more attention has been paid to the security of smart contracts, especially in the context of the blockchain economy. Therefore, the Dappexpert project team decided to undergo an independent audit to guarantee maximum protection for its users and confidence in the security of their funds.

The audit was conducted by SolidProof, known for its high standards and expert approach to smart contract verification. The results of the audit showed that the "Fantic" token's smart contract does not contain any high or medium critical issues, confirming its reliability and security. Additionally, the token scored 67 points in the audit, confirming its compliance with strict security standards. This positive report serves as confirmation of the high quality of the code and a signal to the ecosystem participants that the Dappexpert project takes security and transparency seriously.

During the audit, several important aspects of the contract’s security were confirmed, including the absence of privileges for the smart contract owner. For example, the owner cannot create new tokens (mint), block users' funds, change fees, or burn tokens without proper permissions. The smart contract is not upgradable, which further enhances its reliability.

Key audit report results:

  • Absence of critical issues: The audit did not identify any high or medium critical issues in the smart contract, confirming its security.

  • High score: The "Fantic" token scored 67 points in the audit, confirming its reliability.

  • Limited privileges for the owner: The owner of the smart contract cannot perform critical actions such as creating new tokens or blocking users' funds.

  • Full report: A detailed audit report is available for review, providing transparent information to all project participants. The report can be found here.

The completed audit and positive results have become an important milestone in the development of the "Fantic" token, strengthening trust among users and participants in the ecosystem.

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