Rating
Summary
This smart contract has been reviewed by George Stamp and found no backdoor code, and the owner has no privileges to make modifications to the contract (apart from starting the contract). There is no malicious code that allows the owner (or other) to withdraw all funds from the smart contract.
The new marketEggs formula appears to be safe, but this is the first time that this formula has been used in a project it has not been tested to the extent that the old distribution formula has been tested.
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SAFE for investing, with the disclaimer that this is a ROI miner application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.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 : BSC
Token : BUSD (0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56)
Dapp Type : ROI Miner, with forced compounding and reward accumulation cut off
Daily ROI Percent : Average 8% (between 2% and 24% depending on circumstances) (not modifiable by owner)
Referral Percentage : 1 Level, 5% (not modifiable by owner)
Minimum Deposit : 10 BUSD per wallet (not modifiable by owner)
Maximum Deposit : 50000 BUSD per wallet (excluding compounds) (not modifiable by owner)
Mandatory Compound Count : 6 (not modifiable by owner)
Compound Timer : 24 hours (not modifiable by owner)
Compound Penalty Tax : 99%, remains in contract (not modifiable by owner)
Reward Accumulation Cut Off : 36 hours (not modifiable by owner)
Backdoors
There are no backdoor methods that withdraw funds to a non investor wallet
Owner Privileges
startFarm - This will set the contractStarted variable to TRUE and will allow the other methods in the contract to be executed, effectively starting the miner. As this is manually called by the owner to start the contract the exact launch date of the contract cannot be predetermined. This will set marketEggs variable to 1
Fees
Deposit : 6% (not modifiable by owner)
Withdraw : 6% (not modifiable by owner)
Breakdown of fees:
• 1% dev1
• 1% dev2
• 0.5% team1
• 0.5% team2
• 3% mkt (marketing) – This is sent to a multisig contract address
