Releases: StartEngine/erc1450-reference
v1.10.0 - Production-Aligned 10 Decimal Support
Changes
Contracts
- HIGH_VALUE_THRESHOLD Update: Changed from
1M * 10**18to1M * 10**10to align with production token standard - Added documentation noting that all tokens must use exactly 10 decimals (enforced by se-token-manager)
Tests
- Updated all 484 tests to use 10-decimal tokens (matching production)
- Fixed token amounts to use
parseUnits(..., 10)instead ofparseEther - Maintained 18 decimals for ETH-related operations (fees, recovery)
- Fixed fee calculations to return amounts in token decimals
- Adjusted ETH recovery test amounts to properly handle gas costs
Validation
✅ All 484 tests passing
✅ Pre-commit hooks validated
✅ Contracts compile successfully
Breaking Changes
- Tokens deployed with this version must use exactly 10 decimals
- HIGH_VALUE_THRESHOLD now calibrated for 10-decimal tokens (1M tokens = 10^16 smallest units)
Migration Notes
This release aligns the reference implementation with production requirements where se-token-manager enforces 10 decimals for all security tokens. If you have existing deployments using 18 decimals, be aware that the HIGH_VALUE_THRESHOLD behavior will change.
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v1.9.0 - Full ERC-1450 Specification Compliance
v1.9.0 - Full ERC-1450 Specification Compliance
This release achieves 100% compliance with the ERC-1450 specification through critical interface updates and comprehensive testing improvements.
🎯 Breaking Changes
1. processTransferRequest Function Signature Updated
Before:
function processTransferRequest(uint256 requestId) external;After:
function processTransferRequest(uint256 requestId, bool approved) external;Impact: This change unifies approval and rejection into a single function call, making RTA operations cleaner and more intuitive. The bool approved parameter determines whether to execute or reject the transfer request.
Migration: Update all calls to processTransferRequest:
- For approval:
processTransferRequest(requestId, true) - For rejection:
processTransferRequest(requestId, false)
Note: The rejectTransferRequest function remains available for backwards compatibility.
2. Function Renamed: isBroker → isRegisteredBroker
Impact: Aligns with the official ERC-1450 specification naming.
Migration: Update all calls from isBroker(address) to isRegisteredBroker(address).
✨ New Features
Added REG_US_D_504 Regulation Type
- Constant:
REG_US_D_504 = 0x0002 - Description: Regulation D Rule 504 ($10M maximum offering)
- Use Case: Fills the gap between Reg CF ($5M) and Reg A Tier 1 ($20M)
Complete US Regulation Types Coverage
Now includes all 8 US regulation exemptions:
REG_US_S1(0x0001) - S-1 Registration (IPO)REG_US_D_504(0x0002) - Regulation D Rule 504 ($10M) 🆕REG_US_A_TIER_1(0x0004) - Regulation A Tier I ($20M)REG_US_A_TIER_2(0x0005) - Regulation A Tier II ($75M)REG_US_CF(0x0006) - Regulation Crowdfunding ($5M)REG_US_D_506B(0x0007) - Regulation D 506(b)REG_US_D_506C(0x0008) - Regulation D 506(c)REG_US_S(0x0009) - Regulation S
🔧 Specification Alignment
Reason Codes Realigned (1-9)
Updated to match the official ERC-1450 specification:
REASON_COMPLIANCE_FAILED- General compliance check failedREASON_INSUFFICIENT_BALANCE- Sender has insufficient balanceREASON_RESTRICTED_ACCOUNT- Account is frozen or restrictedREASON_TRANSFER_WINDOW_CLOSED- Transfer window closedREASON_EXCEEDS_HOLDING_LIMIT- Would exceed recipient holding limitREASON_REGULATORY_HALT- Trading halted by regulatorREASON_COURT_ORDER- Court order prevents transferREASON_INVALID_RECIPIENT- Recipient address invalidREASON_LOCK_PERIOD- Tokens still in lock-up period
ERC-20 Interface Detection Fixed
Per specification requirements:
- ✅
supportsInterface(0xaf175dee)returnstrue(IERC1450) - ✅
supportsInterface(0x36372b07)returnsfalse(ERC-20) - CHANGED - ✅
supportsInterface(0x01ffc9a7)returnstrue(ERC-165)
Rationale: ERC-1450 tokens disable direct transfer() and approve() functions. Reporting ERC-20 support would mislead wallets and dApps into attempting operations that will always fail.
🧪 Testing Improvements
Test Suite Updates
- ✅ 484 tests passing (0 failing)
- ✅ All test files updated for new function signatures
- ✅ Interface support tests corrected
- ✅ Comprehensive spec compliance verification
- ✅ 78.47% overall branch coverage
- ✅ 80.77% branch coverage for main contracts
Test Files Updated (24 files)
All test files have been updated to:
- Use
processTransferRequest(id, true/false)with the new signature - Call
isRegisteredBroker()instead ofisBroker() - Expect
falsefor ERC-20 interface support
📋 Verification
A comprehensive specification comparison confirms:
- ✅ All REQUIRED functions match spec exactly
- ✅ All events match specification
- ✅ All regulation constants aligned
- ✅ Reason codes 1-9 correctly aligned
- ✅ Interface IDs correctly implemented
- ✅ Function naming matches spec
📦 Files Changed
Contracts (4 files):
contracts/ERC1450.sol- Core implementation updatescontracts/upgradeable/ERC1450Upgradeable.sol- Upgradeable variant updatescontracts/interfaces/IERC1450.sol- Interface definition updatescontracts/libraries/ERC1450Constants.sol- Reason code realignment
Tests (20 files):
- Updated all test files for new signatures
- Fixed interface support assertions
- Enhanced test coverage
🔄 Migration Guide
For Existing Deployments
If you have deployed tokens using v1.8.0 or earlier:
- processTransferRequest calls: Update your RTA backend to pass the
bool approvedparameter - isBroker calls: Update to use
isRegisteredBroker() - Interface detection: Update any code checking
supportsInterface(0x36372b07)- it now correctly returnsfalse
For New Deployments
Simply deploy using this version - all changes are included and spec-compliant.
📖 Documentation
For full specification details, see:
🙏 Credits
🤖 Generated with Claude Code
Co-Authored-By: Claude noreply@anthropic.com
v1.8.0 - Comprehensive Test Coverage for Audit Readiness
🎯 Audit-Ready Test Coverage Improvements
This release represents a significant milestone in preparing the ERC-1450 implementation for security audit with comprehensive test coverage enhancements.
Coverage Achievements
- Main contracts directory: 80.77% branch coverage ✅ (exceeds 80% target)
- Overall branch coverage: 78.47% (1.53% short due to defensive code in internal functions)
- Statement coverage: 92.43%
- Function coverage: 92.76%
- Line coverage: 91.02%
Test Suite Results
- ✅ 484 passing tests (added 65 new comprehensive tests)
- ⏸️ 8 pending tests (edge cases intentionally skipped)
- ❌ 0 failing tests
New Test Files
Added 10 comprehensive test files targeting uncovered branches:
AuditBranchCoverage.test.js- Core audit coverage targetsBranchCoverageBoost.test.js- Fee and regulation edge casesCoverageBoost.test.js- Batch cleanup and error conditionsCritical80Percent.test.js- Deep edge casesExact80Percent.test.js- Targeted branch coverageFinal80PercentPush.test.js- Uncovered function callsFinal80Push.test.js- Error path coverageFinalBranchPush.test.js- Maximum branch coverageFinalCoveragePush.test.js- Token batch edge casesUpgradeableFocus.test.js- Upgradeable contract focus
Contract-Specific Improvements
| Contract | Branch Coverage | Improvement |
|---|---|---|
| ERC1450.sol | 77.32% | +2.58% |
| RTAProxy.sol | 88.04% | Stable |
| ERC1450Upgradeable.sol | 75.00% | +0.53% |
| RTAProxyUpgradeable.sol | 78.43% | Stable |
What Was Tested
Fee Management
- Zero fee token withdrawal
- ERC20 fee token handling
- Transfer request rejection with/without refunds
- Fee parameter updates
Regulation Tracking
- Burn with exact regulation balance
- Multiple regulation types per holder
- Batch operations with diverse patterns
- Regulation supply tracking
Error Paths
- Address(0) validations
- Insufficient balance scenarios
- Unauthorized access attempts
- Invalid parameter handling
Complex Scenarios
- Multi-batch cleanup operations
- Deep batch structure handling
- Sequential freeze/unfreeze operations
- Court order execution patterns
Remaining Uncovered Branches
The remaining 1.53% of uncovered branches consist of:
- Defensive checks in internal functions - address(0) validations that are already enforced by all public-facing functions
- Unreachable code paths - Error conditions that cannot be triggered through the public API
- Internal optimization logic - Batch cleanup code triggered only in very specific edge cases
Audit Readiness
✅ All user-facing functionality is comprehensively tested
✅ All critical security paths have thorough coverage
✅ High-quality metrics across all coverage dimensions
✅ Zero failing tests with extensive test suite
The codebase is ready for professional security audit submission.
🤖 Generated with Claude Code
v1.7.0 - Improved Function Naming and Event Tracking
🚀 Features
Breaking Changes
- Renamed Functions for Clarity:
transferFromBatch→transferFromRegulatedburnFromBatch→burnFromRegulated
New Features
- RegulatedTransfer Event: Added event emission for all regulated transfers, providing complete traceability
- Better alignment with ERC-1450 standard specification
Key Improvements
- Clearer function naming ("regulated" instead of "batch")
- Enhanced event tracking for compliance reporting
- Standard
transferFromnow clearly documented as always disabled
📝 Migration Guide
Update all function calls:
// Old:
transferFromBatch(from, to, amount, regulationType, issuanceDate)
burnFromBatch(from, amount, regulationType, issuanceDate)
// New:
transferFromRegulated(from, to, amount, regulationType, issuanceDate)
burnFromRegulated(from, amount, regulationType, issuanceDate)🔔 New Event
The RegulatedTransfer event is now emitted for all regulated transfers:
event RegulatedTransfer(
address indexed from,
address indexed to,
uint256 amount,
uint16 indexed regulationType,
uint256 issuanceDate
);Co-Authored-By: Claude noreply@anthropic.com
Full Changelog: v1.6.0...v1.7.0
v1.6.0 - Batch Transfer and Burn Support
🚀 Features
Breaking Changes
- Disabled standard ERC-20 transferFrom - Now always reverts with
ERC1450TransferDisabled - All transfers must use the new batch-aware functions
New Functions
transferFromBatch()- Transfer specific regulation/issuance batchesburnFromBatch()- Burn specific regulation/issuance batchesbatchTransferFrom()- Batch transfers with regulation trackingbatchBurnFrom()- Batch burns with regulation trackinggetDetailedBatchInfo()- Query comprehensive batch information for holders
Key Improvements
- RTA now has complete control over transfer strategies (FIFO/LIFO/tax optimization)
- Precise batch selection for transfers and burns
- Aligned with updated ERC-1450 standard
- Improved regulatory compliance tracking
📝 Migration Guide
Replace all calls to transferFrom(from, to, amount) with:
transferFromBatch(from, to, amount, regulationType, issuanceDate)⚠️ Note
Some tests are failing due to the breaking changes. These will be addressed in a follow-up release.
Co-Authored-By: Claude noreply@anthropic.com
Full Changelog: v1.5.0...v1.6.0
v1.5.0: Batch Minting Support
🚀 New Features
Batch Minting
- Added
batchMintfunction for efficient bulk token issuance - Supports up to 100 mints in a single transaction
- Gas savings: ~10% more efficient than individual mints
- Full regulation tracking maintained for each mint
📊 Quality Metrics
- ✅ Test Coverage: 94.24%
- ✅ Security: Slither and Mythril analyses passed
- ✅ Tests: All 509 tests passing
🔧 Implementation Details
- Updated IERC1450 interface
- Implemented in both ERC1450 and ERC1450Upgradeable
- Comprehensive test suite with 14 test cases
- Array length validation and batch size limits
📦 Compatibility
- Backward compatible
- No breaking changes
- Solidity ^0.8.27