QuillAudits has recently completed a thorough security audit for Ecobal, a project dedicated to enhancing security and maintainability in Solana token operations. By introducing a proxy program between the client and the token program, Ecobal aims to provide additional control for verifying permissions and simplifying future updates to the token infrastructure.
Scope of Audit
Our audit focused on analyzing the Ecobal Contract for quality, security, and correctness. We examined the source code available here to identify potential vulnerabilities and ensure robust security measures are in place.
Key Findings and Recommendations from QuillAudits
Phishing Vulnerability in Proxy Architecture
QuillAudits identified a potential phishing vulnerability within the proxy program’s architecture. The current setup lacked verification of the underlying token involved in its operations, allowing malicious actors to create instructions for any token. This vulnerability could mislead users into interacting with unintended tokens, such as transferring USDC instead of Ecobal tokens.
Recommendations:
- Initialize Program with Token Address: Modify the proxy program to require initialization with a specific token address.
- Token Address Validation: Implement a validation step in each instruction to ensure the token address matches the initialized address before executing operations.
- Error Handling: Reject instructions involving a token address that does not match the initialized address and return an appropriate error message.
Missing Documentation and README
QuillAudits noted that the Solana program lacked comprehensive documentation and a README file, which are essential for developers and users to understand and effectively utilize the program.
Recommendations: Create detailed documentation and a README file to explain the program’s functionalities, deployment process, and usage guidelines.
Commitment to Security
Our partnership with Ecobal underscores our commitment to securing web3 projects. At QuillAudits, we offer advanced solutions like AI-driven audits, historical risk analysis, token due diligence, and continuous monitoring. By resolving the identified vulnerabilities, we ensure Ecobal’s token operations are secure and reliable, allowing the project to thrive in a safe environment.
With QuillAudits, Ecobal can confidently continue to innovate and expand its Solana token operations, knowing that their security is in expert hands.
About QuillAudits
QuillAudits is a leader in web3 security, offering a comprehensive suite of security solutions. Their services include AI-driven audits, historical risk analysis, token due diligence, and multiple monitoring features. QuillAudits is dedicated to ensuring that each project can thrive in a secure web3 environment.
About ECOBAL
ECOBAL, which stands for ECOlogically BALanced, is dedicated to helping consumers and businesses understand their carbon footprint and protect the natural environment. Their certified solutions empower clients to make positive changes in their lifestyles or business operations, ensuring better environmental protection. All revenues are reinvested in further preservation and expanding forests around Europe.
ECOBAL, which stands for ECOlogically BALanced, is dedicated to helping consumers and businesses understand their carbon footprint and protect the natural environment. Their certified solutions empower clients to make positive changes in their lifestyles or business operations, ensuring better environmental protection. All revenues are reinvested in further preservation and expanding forests around Europe.ECOBAL, which stands for ECOlogically Br preservation to the top to the
