Smartlend Finance

Rating

Overall Score
71
 
 
 
Backdoors
100
Owner Privileges
100
Fees
25
Complexity
70
Team Trust
60
Other Risk
70
 
 
 
 
 
Higher score is always better

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SAFE for investing, with the disclaimer that this is a ROI contract application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.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.

Disclaimer

This contract has been audited by a human.
Only invest what you can afford to lose.
DYOR - Do your own research