*IMPORTANT* Initial Findings from Paladin / RugDoc Audit

IFOSwap
2 min readJul 19, 2021

And moving forward!

Initial Findings from Paladin.co

While IFOSwap has been undergoing an audit with Paladin, some flags have been raised in our Masterchef as well as IFO contracts.

Recommended Steps

Masterchef : As recommended by Rugdoc.io, IFOSwap will be implementing a Safeowner contract to mitigate risk for our users. (more details will be provided after final report from our Auditors)

IFO
: As our duty to protect our investors, IFOSwap has decided to suspend the existing IFO due to certain vulnerabilities. To fix these issues, our IFO would have to be redeployed after applying the recommended solutions by both our Auditors as well as consultants from RugDoc.io.

*IMPORTANT- do not continue to participate in the current IFO*

All participants of NFT11 current IFO after BSC block 9285926 will not be valid! (check latest block number at bscscan.com)

Our new IFO is estimated to be live in the coming week! More details will be posted!

Due to how smart contracts work, we are not able to cancel or end the current IFO prematurely. Thus, the IFO has to run its 30 days course before LP Tokens are refunded (Users who have participated in the initial IFO will be contacted directly.)

Funds are SAFU

Paladin provides a user-centered examination of the smart contracts to look for vulnerabilities, logic errors or other issues from both an internal and external perspective. Issues raised are of concerns but rest assured that your funds are SAFU. The sole purpose of this audit is find fault within our codes to ultimately protect our users and provide a safer DeFi space!

We are working hard to get the lowest Risk rating possible in RugDoc.io Standards!

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IFOSwap

IFOSwap aims to create a safer Defi space for both investors and entrepreneurs by being the safest liquidity provider for blockchain startups