# Audit Report

<figure><img src="/files/uRntrh2zePZlVx5D5bV7" alt="" width="375"><figcaption><p>Audited by PeckShield</p></figcaption></figure>

We are excited to share the results of the comprehensive smart contract audit conducted by the renowned blockchain security firm, PeckShield. This audit covered the core contracts of our platform, including the ERC-1155 NFT contract and the LaunchPad contract, with the aim of ensuring the security, stability, and trustworthiness of the Asteroid X ecosystem.

#### Audit Overview

PeckShield performed an in-depth analysis of our smart contracts, including static code checks, business logic reviews, advanced DeFi scrutiny, and recommendations for improved coding practices. Below are the key highlights from the audit report:

* **Security and Performance Enhancements**: While the contracts were found to be well-designed and robust, the audit identified three areas for improvement, including one medium-severity issue and two low-severity issues.
* **Identified Issues and Resolutions**:
  * **Improved Parameter Validation** (Low Severity): The parameter validation logic has been refined to address the identified gaps.
  * **Multiplication and Division Order Adjustment** (Low Severity): Calculations involving mixed operations have been optimized to reduce potential precision loss.
  * **Trust in Admin Keys** (Medium Severity): To enhance security, we have implemented a multi-signature mechanism and are transitioning to a DAO governance structure to ensure decentralization and long-term security.

#### Audit Conclusion

PeckShield concluded that Asteroid X’s smart contracts are well-structured, functional, and adhere to high security standards. All identified issues have been resolved or mitigated, and additional measures are being implemented to further strengthen the platform’s governance and security.

#### Our Commitment

At Asteroid X, security remains our top priority. We will continue to invest in additional third-party audits and plan to launch a bug bounty program to ensure the platform’s long-term stability and resilience. Through these efforts, we aim to build a safer, more transparent, and innovative blockchain investment ecosystem for global investors and mining companies.

We extend our gratitude to the PeckShield team for their meticulous audit and to our community for their unwavering support. Together, we are building a stronger and more secure Asteroid X platform for the future!

Report:&#x20;

{% embed url="<https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-AsteroidX-v1.0.pdf>" %}


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