Frax Ether Liquid Staking contest - Funen's results

A liquid ETH staking derivative designed to uniquely leverage the Frax Finance ecosystem.

General Information

Platform: Code4rena

Start Date: 22/09/2022

Pot Size: $30,000 USDC

Total HM: 12

Participants: 133

Period: 3 days

Judge: 0xean

Total Solo HM: 2

Id: 165

League: ETH

Frax Finance

Findings Distribution

Researcher Performance

Rank: 68/133

Findings: 2

Award: $40.84

🌟 Selected for report: 0

🚀 Solo Findings: 0

  1. OZ Lib can't found

This location file in directory has changed or it can't found, and u must update them and adding/import some contract to avoid running/error. This list down below for some file must be imported :

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L4-L7

openzeppelin-contracts/contracts/token/ERC20/ERC20.sol openzeppelin-contracts/contracts/token/ERC20/IERC20.sol openzeppelin-contracts/contracts/token/ERC20/extensions/draft-ERC20Permit.sol openzeppelin-contracts/contracts/token/ERC20/extensions/ERC20Burnable.sol
  1. Need to validate if minters[minter_address] was false

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L76-L92

on the fn of removeMinter() you need to validate if minters[minter_address] = false;

Since it was the same as fn addMinter() was used so it can be remain the same for removeMinter()

Recommendation by adding minters[minter_address] = false; after require(minters[minter_address] == true, "Address nonexistant");

  1. Used received than recieved

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L78-L81

change the naming recieved into received for good readibility and style.

  1. Missing Indexed

Each event should be using three indexed fields if there are three or more fields

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L207

event ETHSubmitted(address indexed sender, address indexed recipient, uint256 sent_amount, uint256 withheld_amt);

2,) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L104-L105

event MinterAdded(address minter_address); //missing @indexed event MinterRemoved(address minter_address); //missing @indexed
  1. Simple reason string

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L77

Zero address

Same case :

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L95

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L66

2.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L78

Address non-existent
  1. Locked Pragma Compiler

File :

https://github.com/code-423n4/2022-09-frax/blob/main/src/frxETHMinter.sol

Since it was used ^0.8.0. As the compiler can be use for example 0.8.14 and consider locking at this version the same as another. It can be consider using locking the pragma version whenever possible and avoid using a floating pragma in the final deployment. Since it can be problematic, if there are publicly disclosed bugs and issues that affect the current compiler version used.

  1. Use != is More Efficient Than > in Require (6 cost less gas)

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L79

2.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L126

  1. Cache The Length Of Array in Loops

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L84

2.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/OperatorRegistry.sol#L114

for (uint256 i = 0; i < original_validators.length; ++i) {
  1. Using Unchecked Block - Increment in for loop can be unchecked

this report can be search from this report

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/OperatorRegistry.sol#L63-L64

for (uint256 i = 0; i < arrayLength; ++i) { addValidator(validatorArray[i]);

into

for (uint256 i = 0; i < arrayLength;) { addValidator(validatorArray[i]); unchecked { ++i; } }
  1. Use external than public instead

Files :

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/OperatorRegistry.sol#L93

  1. Used Custom Error than req reason string

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L79 2.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L87-L88 3.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L122 4.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L126 5.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L140 6.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L160 7.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L167 8.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L171 9.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L193 10.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L200 11.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/OperatorRegistry.sol#L182 12.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/OperatorRegistry.sol#L203

6.) Saving gas by removing = 0

This implementation code can be saving more gas by removing = 0, it because If a variable was not set/initialized, it is assumed to have default value to 0

Files :

1.) https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/frxETHMinter.sol#L94

  1. use ++i instead of i++ for saving more gas

Files :

https://github.com/code-423n4/2022-09-frax/blob/55ea6b1ef3857a277e2f47d42029bc0f3d6f9173/src/ERC20/ERC20PermitPermissionedMint.sol#L84

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