Avarice – BNB Miner

Rating

Overall Score
82
 
 
 
Backdoors
100
Owner Privileges
90
Fees
75
Complexity
80
Team Trust
70
Other Risk
80
 
 
 
 
 
Higher score is always better

Summary

The project is a collaboration of avarice and defibeehive. it is the usual crops farmer fork but with the benefits of increased yield when investors stake avc tokens up to 4% bonus.
Users will have the option to stake AVC tokens after 24 hours, together with their BNB input in order to gain a scaling APY bonus in peg with the daily AVC-BNB value in the Avarice Lobby.
The total bonus will be up to 4% each level increases by 0.5% . there are a total of 8 levels.
By staking the compound function is being called therefore reinvesting your invested bnb in the miners.
Please see the whitepaper for more details. https://avariceminer.io/whitepaper.pdf

Contract Details

Chain : BSC
Token : BNB native Token
DAPP Type : ROI Miner, with forced compounding and reward accumulation cut off.
Daily ROI Percent : Average 8%
Referral Percentage : 1 Level, 5%
Minimum Deposit : 0.01 BNB per wallet (not modifiable by owner)
Maximum Deposit : 500 BNB per wallet (excluding compounds)
Mandatory Compound Count : 6
Compound Timer : 24 hours
Compound Penalty Tax : 88%, remains in contract
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

Owner has minimal privileges aside from starting the contract. note: making the first investment.

Fees

These fees are lower than usual

Deposit : 5% (not modifiable by owner)
• 1% DEV1 Wallet
• 1% DEV2 Wallet
• 3% TEAM Wallet

Withdraw : 5% (not modifiable by owner)
• 1% DEV1 Wallet
• 1% DEV2 Wallet
• 3% TEAM Wallet

Complexity

This smart contract is fairly complex and allows minimal configuration in the contract.

Team Trust

A collaboration of 2 successful projects Avarice and DefiBeehive which both have huge following. The project owner and George have been engaging.

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.

Disclaimer

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