> For the complete documentation index, see [llms.txt](https://audits.solidgrp.io/memekong/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://audits.solidgrp.io/memekong/summary.md).

# Summary

<figure><img src="/files/KPRp5sccv6FnV3l6skoy" alt=""><figcaption></figcaption></figure>

The team fixed most of the issues we found.&#x20;

**The token functions as a proxy contract, affording the owner the capability to modify the underlying implementation as per their discretion.**

The Proxy mechanism gives flexibility when trying to change the logic of a contract instantly. However, there are many pitfalls to be aware of when working with upgradeable contracts.&#x20;

The team should be aware of the pitfalls before doing an upgrade to the implementation contract and consider reauditing the new implementation contract and ensure the upgrade process is secure.&#x20;

In addition, the contract has some critical [owner capabilities ](/memekong/audit-results/memekong-token/owner-capabilities.md)that investors should be aware of.

**Issues Summary**

|                        |              |                                       |
| ---------------------- | ------------ | ------------------------------------- |
| **Type**               | **Resolved** | **Not Resolved**                      |
| **Owner Capabilities** | **0**        | <mark style="color:red;">**2**</mark> |