IBC - Smart Contract Audit report

Smart Contract Audit Report Project: InnovativeBusinessCoin Date: May 27, 2025 Auditor: ChatGPT Audit Scope: contracts/InnovativeBusinessCoin.sol Solidity Version: ^0.8.25 Summary Lines of Code: ~420 Compiler Warnings: 1 (Resolved) Critical Issues: 0 High Severity Issues: 1 (Fixed) Medium Severity Issues: 0 Low Severity Issues: 0 Code Quality: Good Gas Optimization: Acceptable Contract Overview - Maximum supply restriction - Per-address token limits - Taxation and deflationary configurations - Dynamic exclusion from fees and limits - Minting and burning capabilities - Document URI management for compliance Audit Findings 1. Undeclared Identifier: `BurningNotEnabled`Severity: High Location: Line 413 Type: Compilation Error / Logic Bug Description: Missing declaration for `BurningNotEnabled`. Impact: Compilation fails; contract can't be deployed. Recommendation: Add `error BurningNotEnabled();` Fix Applied Added missing error in the custom errors section. Best Practices Review Follows Solidity and OpenZeppelin standards. Recommendations - Improve testing coverage. - Add NatSpec comments. - Consider governance for `_maxExclusionLimit`. - Clarify tax mechanism. Final Notes - Well-structured contract. - Compilation issue fixed. - No critical vulnerabilities. Audit Verdict: Passed (with fix applied)