Rating
Summary
This smart contract has been reviewed by George Stamp and found no backdoor code. There is no malicious code that allows the owner (or other) to withdraw all funds from the smart contract.
This is a ROI style dapp that is a fork of BABYCHICKS(which was also a fork of the busd machine)
Investors would need to stake their FTM to earn FTMCHICKS(20%) token which they can re-stake to earn more FTMCHICKS(5%) or sell for FTM.
This contract is deemed SAFE for investing, with the disclaimer that this is a ROI miner application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.
Contract Details
Chain : FTM
Token : FTM
Native Token : FTMCHICKS( 0xf12c08d198778268bd6B61DE73832Ed43737625C)
Total Supply: 1,000,000.00 FTMCHICKS
Contract Address: 0xf12c08d198778268bd6B61DE73832Ed43737625C
DAPP Type : ROI Contract(Forked from BUSD Machine)
ROI Percent : 20% on FTM Staked, 5% on FTMCHICKS Staked.
Referral Percentage : 5% to the referrer, 1% to the referee (not modifiable by owner)
Backdoors
There are no backdoor methods that withdraw funds to a non investor wallet
Owner Privileges
setSellLimit - minimum of 6000, maximum of 100000 set the amount of token that can be sold per day.
Fees
Higher than usual Dev fee.
Deposit :10% (not modifiable by owner)
• 9% CEO_FEE Wallet
• 1% DEV_FEE Wallet
Complexity
This smart contract is fairly complex and with little to minimal owner configuration.
Users have 2 options to earn in the platform, 1 is to stake FTM to earn FTMCHICKS which then can be sold for FTM or re-stake to earn more FTMCHICKS. 2 is via referral program which has 5 levels.
Total Supply of FTMCHICKS is 1,000,000.00.
FTMCHICKS Price will depend on Total FTM Balance / Available Supply in the contract.
Circulating Supply is the amount of FTMCHICKS tokens that are currently in wallets.
Available Supply is Total Supply - Circulating Supply of the token.
FTMCHICKS staking is locked for 7 days.
Team Trust
The project owner and George Stamp Team have been engaging frequently and the team has a small and active Telegram community.
This appears to be the first project launched by this team.
Other Risk
This is a ROI dapp that relies on new funds being invested, if the contract reaches $0 then investors will not be paid out.
