Core Contracts

Regnum Aurum Acquisition Corp
HardhatReal World AssetsNFT
77,280 USDC
View results
Submission Details
Severity: low
Invalid

Allocation Issue in `RAACReleaseOrchestrator` Contract

Summary

The RAACReleaseOrchestrator contract is designed to manage the vesting and release of RAAC tokens for various stakeholders. The contract initializes category allocations for different groups, ensuring that the token distribution follows predefined vesting schedules. However, a critical issue was identified in the initial token distribution, where the total allocation exceeds the intended 65% of the total supply.

Findings

1. Initial Token Distribution Exceeds 65%

Severity: High

  • The sum of the initial vesting allocations in the constructor is as follows:

    Category Allocation (RAAC) Percentage
    Team 18,000,000 18%
    Advisor 10,300,000 10.3%
    Treasury 5,000,000 5%
    Private Sale 10,000,000 10%
    Public Sale 15,000,000 15%
    Liquidity 6,800,000 6.8%
    Total Allocation 65,100,000 65.1%
  • The total allocation (65,100,000 RAAC) slightly exceeds the intended 65% threshold of the total token supply. This discrepancy could lead to inconsistencies in distribution, over-allocation of tokens, or unintended supply issues.

Recommendations

Adjust Allocations to Maintain the 65% Cap

Updates

Lead Judging Commences

inallhonesty Lead Judge 3 months ago
Submission Judgement Published
Invalidated
Reason: Non-acceptable severity

Support

FAQs

Can't find an answer? Chat with us on Discord, Twitter or Linkedin.