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Submission Details
Severity: low
Invalid

The protocol is highly centralised

[M-3] The address organiser at Dussehra.sol and the address organiser at RamNFT.sol have the power to influence and obstruct the functioning of the protocol. As a result, the protocol ends up highly centralised.

Description: The address organiser is given a lot of power though several functions.

  1. ChoosingRam::selectRamIfNotSelected gives sole power to the organiser to select a Ram. If the organiser does not do this within the set time frame of around one day, the contract breaks and the funds will be stuck in the contract forever.

  2. RamNFT::setChoosingRamContract allows organiser to change choosingRamContract and thereby change the Characteristics of any ramNFT. See the vulnerability [M-2] above.

  3. There are several ways in which the protocol allows the organiser to abuse its power to rug pull participants or break the protocol. See vulnerabilities [H-1], [H-2] and [H-5] above.

Impact: The protocol is susceptible to a rug pull.

Recommended Mitigation: The solution to this problem is not straightforward. But some steps that will help mitigate this issue:

  1. Improve role restrictions throughout the protocol. The use of OpenZeppelin's Ownable or AccessControl will already help.

  2. Improve logic within the protocol to reduce chances of rug pull's. See vulnerabilities [H-1], [H-2] and [H-5] discussed above.

  3. Use multisig wallets for address with high privileged roles. This reduces the chance of one actor abusing its powers.

Updates

Lead Judging Commences

bube Lead Judge about 1 year ago
Submission Judgement Published
Invalidated
Reason: Non-acceptable severity
Assigned finding tags:

Info/Gas/Invalid according to docs

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