Alchemix contest - BouSalman's results

A protocol for self-repaying loans with no liquidation risk.

General Information

Platform: Code4rena

Start Date: 05/05/2022

Pot Size: $125,000 DAI

Total HM: 17

Participants: 62

Period: 14 days

Judge: leastwood

Total Solo HM: 15

Id: 120

League: ETH

Alchemix

Findings Distribution

Researcher Performance

Rank: 49/62

Findings: 1

Award: $179.04

🌟 Selected for report: 0

🚀 Solo Findings: 0

QA Report for alchemix protocol

This report do list low-risk and non-critical findings presented in the alchemix protocol codebase, these findings do not effect any assets connected to users or the protocol. However these issues are related to coding and security best practices.

Findings

Unsafe ERC20 transfer Operations

ERC20 functions return a Boolean value which should be checked. the protocol alchemix do have some lines for code that make a use of these functions and do not check the return value, this may effect the logic of the code and should be checked before continue processing transactions.

https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/gALCX.sol#L63 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AutoleverageBase.sol#L62 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AutoleverageCurveFactoryethpool.sol#L26 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AutoleverageCurveMetapool.sol#L16 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/WETHGateway.sol#L36

Floating pragma for compiler version

Avoid using floating pragmas for compiler version inside the the source code of alchemix protocol, lock the compiler version for the Code files and leave it floated for libraries if needed. A known vulnerable compiler version may accidentally be selected or security tools might fall-back to an older compiler version ending up checking a different EVM compilation that is ultimately deployed on the blockchain.

For example: https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/WETHGateway.sol#L1

Usage of Deprecated Library Functions

Avoid using Deprecated Library Functions, for example in the alchemix codebase there is a use of Aprove() and safeAprove() functions which is discouraged. it's advised to use the safeIncreaseAllowance() function.

https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L236 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L238 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L243 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L245 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L284 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L85 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L382 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L383 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L478 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L479 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L576 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L577 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L620 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L621 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L671 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L672 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/lido/WstETHAdapterV1.sol#L105 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/lido/WstETHAdapterV1.sol#L129 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/vesper/VesperAdapterV1.sol#L62 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/yearn/YearnTokenAdapter.sol#L32 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/fuse/FuseTokenAdapterV1.sol#L71 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemicTokenV2Base.sol#L63 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L782 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L783 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L838 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L839 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L879 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L880 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L908 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L909 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L944 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L945 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L987 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L988

Unused events

There is many declared events in the protocol codebase but not used to fire any emits, In that case any off-chain monitoring routines can not log changes done to the protocol's state. It's advised to emit these events when needed or remove it from the codebase to have a clear and consistent code.

https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPool.sol#L71 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPool.sol#L77 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPool.sol#L122 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPool.sol#L144 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L12 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L13 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L14 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L15 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L16 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L17 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L18 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L19 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L20 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProvider.sol#L21 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProviderRegistry.sol#L13 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/ILendingPoolAddressesProviderRegistry.sol#L14 https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/interfaces/external/aave/IAToken.sol#L29

Numbers presentation

When dealing with big numbers developers can make a use of scientific notation format to increase code readability, However there is occurrences in alchemix codebase where double asterisk is used instead of scientific notation.

https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L448 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterBuffer.sol#L514 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L114 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L119 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L328 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L1648 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/AlchemistV2.sol#L1660 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/EthAssetManager.sol#L260 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/lido/WstETHAdapterV1.sol#L83 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/adapters/rocket/RETHAdapterV1.sol#L60 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/TransmuterV2.sol#L157 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L305 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L362 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L779 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L828 https://github.com/code-423n4/2022-05-alchemix/blob/de65c34c7b6e4e94662bf508e214dcbf327984f4/contracts-full/ThreePoolAssetManager.sol#L873

Hardcoded WETH address

the WETH address is hardcoded inside alchemix protocol, However addresses can differ when deploy the protocol to different blockchains and this action is not reversible. it's advised to pass the WETH address when deploying the contract and update it when necessary.

https://github.com/code-423n4/2022-05-alchemix/blob/71abbe683dfd5c0686b7e594fb4f78a14b668d8b/contracts-full/AutoleverageCurveFactoryethpool.sol#L14

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