The FactoryBurnMintERC20 contract implements a standard ERC20 token with controlled minting and burning capabilities, leveraging well-audited OpenZeppelin and Chainlink libraries. The contract demonstrates robust technical security, including proper access control for sensitive operations and immutable supply limits. While a few minor informational and low-severity findings were identified, the overall risk posture is considered low, especially given the owner is a multisig.
On-chain security analysis — is it a scam or legit?
Is Zest Safe?
Not verified
This record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →The FactoryBurnMintERC20 contract implements a standard ERC20 token with controlled minting and burning capabilities, leveraging well-audited OpenZeppelin and Chainlink libraries.
Read the full analysis- Ownership not renounced — strong Multisig
- Mintable supply — no cap found, dilution unbounded
- Top-10 concentration > 50%
- Liquidity not locked, but no owner/deployer address holds LP — market-depth risk, not rug risk
- LP top1 unlocked holder = 100.0%
- LP top3 unlocked holders = 100.0%
- 1 Low finding(s) from audit
Exact factors
- Ownership NOT renounced — strong Multisig (3-of-5)
- Mintable supply — no cap found, dilution unbounded
- Top-10 concentration > 50% (98.0% total → 50.9% effective; 19.5% in EOAs, 78.4% in contracts — heavy)
- Liquidity not locked, but no owner/deployer address holds LP — market-depth risk, not rug risk
- LP top1 unlocked holder = 100.0% (independent LP — depth risk)
- LP top3 unlocked holders = 100.0% (independent LP — depth risk)
- 1 Low finding(s) from audit
Each factor is an on-chain fact recorded at the time of this analysis. The score is computed from them by a deterministic function, so the same contract returns the same score for anyone who runs the audit. How scores are computed
Security Checklist
as of audit · Sep 4Holders
as of audit · Sep 4, 2026- Contractstreasury, vesting, bridge, staking78.4%
- Walletsanonymous holders, free to sell19.5%
- Everyone elsethe rest of the supply2.0%
How holder types affect the score
Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.
Holder balances as recorded by the audit of Sep 4, 2026
Liquidity
as of audit · Sep 4The risk score reads depth across every pair.
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0x7c83…fc36No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
Security Findings
LowUse of Deprecated ERC20 increaseApproval/decreaseApproval Functions
The contract includes increaseApproval and decreaseApproval functions, which are deprecated in modern ERC20 standards. While these functions correctly delegate to increaseAllowance and decreaseAllowance respectively, their presence can lead to confusion or suggest outdated practices to users and integrators.L-01
increaseApproval/decreaseApproval FunctionsIssue
The contract includes increaseApproval and decreaseApproval functions, which are deprecated in modern ERC20 standards. While these functions correctly delegate to increaseAllowance and decreaseAllowance respectively, their presence can lead to confusion or suggest outdated practices to users and integrators.
Fix
Consider removing the increaseApproval and decreaseApproval functions. Users should be encouraged to interact directly with increaseAllowance and decreaseAllowance for clarity and adherence to current ERC20 best practices.
Status
Unresolved
InfoSignificant Centralized Control by Owner
The owner role possesses extensive control over critical functions, including granting/revoking minter and burner roles, and setting the ccipAdmin address. This centralization means that a compromise of the owner's private key could lead to unauthorized minting, burning, or manipulation of the ccipAdmin role. The pre-filled data indicates the owner is a multisig, which significantly mitigates this risk (7.3 Access Control, 7.8 Operations).I-01
Issue
The owner role possesses extensive control over critical functions, including granting/revoking minter and burner roles, and setting the ccipAdmin address. This centralization means that a compromise of the owner's private key could lead to unauthorized minting, burning, or manipulation of the ccipAdmin role. The pre-filled data indicates the owner is a multisig, which significantly mitigates this risk (7.3 Access Control, 7.8 Operations).
Fix
While mitigated by a multisig, it is crucial to maintain robust security practices for the multisig signers. Regularly review and audit the multisig setup and its participants. Consider implementing time-locks for critical administrative actions if the protocol's risk profile increases.
Status
Unresolved
InfoPotential Gas Limit Exceedance for Role Enumeration
The getMinters() and getBurners() functions return an array of all addresses with the respective roles using EnumerableSet.values(). If the number of minters or burners were to grow excessively large (e.g., hundreds or thousands), calling these functions could potentially exceed the block gas limit, rendering them unusable (7.2 Code Security).I-02
Issue
The getMinters() and getBurners() functions return an array of all addresses with the respective roles using EnumerableSet.values(). If the number of minters or burners were to grow excessively large (e.g., hundreds or thousands), calling these functions could potentially exceed the block gas limit, rendering them unusable (7.2 Code Security).
Fix
For roles that are expected to remain limited (e.g., administrative roles), this is a low concern. If the design ever anticipates a very large number of minters/burners, consider alternative methods for querying roles, such as individual isMinter/isBurner checks, or pagination if a UI needs to display all roles.
Status
Unresolved
Analysis
AI Copilotas of audit · Sep 4The contract exhibits strong technical security (7.2 Code Security) by utilizing battle-tested OpenZeppelin and Chainlink libraries, and compiling with Solidity 0.8.x, which includes built-in overflow/underflow checks. The validAddress modifier prevents self-transfers, enhancing robustness. Access control (7.3 Access Control) for minting and burning roles is properly enforced. A minor issue includes the use of deprecated ERC20 functions, though they correctly delegate to modern equivalents.
The economic model (7.4 Economic) is straightforward, with an immutable maxSupply set at deployment, preventing uncontrolled inflation unless maxSupply is explicitly set to zero. Governance (7.5 Governance) is centralized, with the owner having control over minting/burning roles and the ccipAdmin address. This centralization is significantly mitigated by the owner being a multisig, as indicated by the pre-filled data, which enhances security and reduces single points of failure.
The contract is not designed as an upgradeable proxy (7.7 Upgrades). Therefore, there are no upgrade-specific risks such as proxy storage collisions or improper initialization. Any changes to the contract's logic would require a new deployment.
It is recommended to maintain strict security practices for the multisig controlling the owner role, including regular audits of its participants and operational procedures.
While the deprecated ERC20 functions are minor, consider removing them for clarity and adherence to modern standards. For any future administrative roles, evaluate the potential for gas limit issues if the number of participants is expected to be very large.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Sep 4, 202657Medium
- Aug 11, 202649Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Frequently Asked Questions
What is the ZEST contract address?
The Zest contract on Base is 0x7297968ffb753dd12e4f6b1f18d9865c76707fc2. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Is Zest a scam?
Quantum Audit's risk score for Zest is 57/100 (Medium risk) as of Sep 4, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; Upgradeability: Fixed code. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.
Is ZEST liquidity locked?
Liquidity lock: Not locked (as of Sep 4, 2026). Total DEX liquidity: $173.2K.
Who holds ZEST?
As of Sep 4, 2026, the 10 largest holders own 98.0% of the supply. The Holders section on this page shows who they are by holder type.
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