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.
The contract is a standard ROI Farm, where you stake and earn dividends in set no of days, in this case its 1.5% in 70 days. with some other added feature to use multiple tokens for staking and a built in token swap feature.
This contract is deployed on the BSC blockchain.
This contract is deemed SAFE for investing, with the disclaimer that this is a ROI contract application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.
Contract Details
CONTRACT DETAILS
Chain : BSC
Token : BNB,BUSD,DAI,USDC.USDT
DAPP Type : ROI Contract
Daily ROI Percent : Initially set to 1.5% over 70 days.
Referral Percentage : 5 Level, 3% 2% 1% 1% 0.5%(not modifiable by owner)
Minimum Deposit : 5 per wallet , any of the said token used.
Restake minimum : 20 per wallet , any of the said token used.
Swap Reward: 0.5% of the swapped token will be staked and will earn 1.5% of its value for 70 days.
Backdoors
There are no backdoor methods that can withdraw funds to a non investor wallet.
Owner Privileges
No owner privilege after launch. Contract will start based on unix time.
Fees
These fees are higher than usual
Deposit : 10%
• 8% Project Wallet
• 2% Developer Wallet
Restake: 10%
• 8% Project Wallet
• 2% Developer Wallet
Swap Fee: 0.5%
• 0.25% Project Wallet
• 0.25% Developer Wallet
Complexity
The smart contract for SmartLend is fairly complex for a standard ROI Farm, you can swap your tokens to either busd,usdc,dai,usdt and where 0.5% of the amount will be staked and you will earn 1.5% daily.
Staking can also be done with busd,usdc,dai,usdt and earn 1.5% daily for 70 days.
Team Trust
The team claims to be behind the FOMO project maticfomo, etc..
Their TG channel only has few members in it.
Other Risk
The risk is that since it is an ROI contract when funds goes down to 0 it will stop paying out investors.
