Ethos Audit — Panda Farms

Ethos Project
3 min readApr 20, 2022

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This Audit was conducted Ethos development teams. The following summarizes the details of the full Audit report provided to the client, the Panda Farms project.

Overall audit result: PASS

Ethos’ audit of the Panda Farms smart contract has concluded with a POSITIVE result.

Panda Farms team has produced a smart contract that adheres to the security measures known to reduce risks among known EVM/Solidity smart contract attack vectors.

For the full detailed audit, click here.

Result Summary

Ethos‘ audit of the Panda Farms smart contract has concluded with a POSITIVE result. The initial review identified a number of non-critical issues. The remaining report includes all issues identified in the initial review, as well as the revised status post resolution by the team.

  • The smart contract is a variant of the ‘miner‘ meta
  • It allows users to deposit network native tokens into the contract
  • Deposits are locked on deposit and redistributed to users over time
  • The rate of redistributions approximately 8% daily and varies based on the rate of increase of total value locked
  • There is a referral bonus distributed to referrers of approximately 12.5%
  • There is a 5% dev fee applied on all deposits and redistributions
  • Value locked within the contract cannot be manually removed by the owner
  • The contract cannot be closed or shut off at any point after deployment

To conclude, this smart contract does what it is designed to, and is not ruggable by the owner or any other entities through attack vectors currently known in the EVM community.

About Panda Farms

Panda Farms is a decentralized BNB miner Rewards Pool dApp built on the BSC network that offers users the chance to access financial freedom with its simplicity and ease of use.

Website: https://pandafarms.io/
Telegram: https://t.me/PandaFarmsChat

About Ethos

Ethos is a a wholistic crypto services organization which specializes in bringing additional security to the crypto space by applying a proven and standardized approach to token and platform smart contract auditing.

Ethos’ team of experienced developers bring decades of development and code auditing history from the traditional software development world.

The code review conducted for Ethos audits follow the following structure:

  1. Review of specifications, documentation to assess smart contract functionality
  2. Manual, line-by-line review of code
  3. Code’s adherence to functionality as presented by documentation
  4. Automated tool-driven review of smart contract functionality
  5. Assess adherence to best practices
  6. Provide actionable recommendations

Website: https://www.ethosproject.io/
Telegram: https://t.me/TheEthosProject
Twitter: https://twitter.com/EthosProjectBSC

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