Rating
Summary
This smart contract has been reviewed by George Stamp and found no backdoor code, and the owners privilege is to start the dapp, There is no malicious code that allows the owner (or other) to withdraw all funds from the smart contract.
If the user wishes to unstake their funds prior to ROI then they will pay a penalty fee. We have started requiring DinoBUSD forks to leave the remaining 50% penalty in the contract instead of sending it to the dev wallet (this contract complies)
User still gets unused referral which can be huge.
This is a fork of the popular DinoBUSD - See the diff here - https://www.diffchecker.com/Ey4sSokI
Contract Details
Chain : BSC
Token : BNB (Native chain token)
Dapp Type : ROI DAPP
Daily ROI Percent : 18% (not modifiable by owner) - Up to 5x investment
Referral Percentage : 1 Level, 8% (not modifiable by owner)
Minimum Deposit : 0.05 BNB (not modifiable by owner)
Maximum Deposit : 250 BNB (not modifiable by owner)
Reward Accumulation Cut Off : 24 hours (not modifiable by owner)
Withdraw Cut-Off : 7 Days.
Backdoors
There are no backdoor methods that withdraw funds to a non investor wallet
Owner Privileges
setStartDate - The owner has access to activate the project
Fees
Deposit : 6% (not modifiable by owner)
Withdraw : 10% (not modifiable by owner)
16% combined fees, this is higher than usual
The owner also get's all unused referrals.
Complexity
This smart contract is fairly complex and has no flexibility by the owner, once deployed it is set.
Team Trust
The team has a 1000 members in their tg group but and this seems to be the first project they will release.
Other Risk
Considering the complexity of the contract, at the end of the day, This is still an ROI Dapp that relies on funds invested to payout existing users. if the contract reaches $0 investors will not be paid out.
In other Dino Forks there becomes a point where there is a mass exit using the Emergency Withdraw feature and the balance quickly gets to $0.
